The City of Peoria is looking for a few good developers to redevelop our historic core.

Jul 31, 2013

TIF Plays In Peoria


Redevelopment assisted by Tax Increment Financing (TIF) is very effective in the City of Peoria. The City created three new TIF's in 2007-2009 and approved twenty redevelopments - some during the "great recession".


Total investment in the buildings is estimated at $336,000,000, creating approximately 1,050 jobs. And there are many more developments in the works.


We offer up to 45% of investment historic tax credits and up to 60% TIF incentives. Now is the time to move forward with a quality redevelopment.





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