This Article Free Full Text (Free PDF) Free References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Similar articles in ISI Web of Science Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via Google Scholar Google Scholar Articles by Byrne, P. F. Search for Related Content Social Bookmarking                   What's this?

Determinants of Property Value Growth for Tax Increment Financing Districts

Washburn University

Although the majority of empirical research on tax increment financing (TIF) examines municipal-level effects, there are fewer studies looking at TIF effects at a more localized level. This article examines the characteristics of the areas in which TIF districts are located as well as the factors influencing property value growth within TIF districts. In addition to finding that TIF districts, on average, are located in areas that are more economically disadvantaged than the municipality as a whole, the results of this study suggest a positive relationship between blight and subsequent property value growth. The results also show that the spatial size of a TIF district has a positive influence on property value growth and that industrial TIF districts and TIF districts located in low-density areas and in areas with high proportions of White residents and close to the city center have higher growth.

Key Words: tax increment financing • economic development • property values

CiteULike    Connotea    Del.icio.us    Digg    Reddit    Technorati    What's this?