PCDC backs changes to TIF displacement rules, including 0.25‑mile assessment and 2‑year look‑back
City staff proposed and the committee signaled support for revisions to the Tax Increment Finance policy to treat multi‑phase projects together, require a 0.25‑mile displacement impact assessment for all construction projects, add a two‑year look‑back for prior displacement, and require mitigation plans for medium/high risk scores.
The full story
Ian Benavides, deputy director of the Neighborhood and Housing Services Department, briefed the Planning and Community Development Committee on proposed changes to the city's Tax Increment Finance (TIF) policy that aim to strengthen how the city evaluates displacement risk from incentivized projects.
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