Abstract
Purpose – The purpose of this paper is to draw out interesting nuances and lessons when using a Tax Increment Financing (TIF) model in San Francisco given the abandonment of California’s redevelopment agencies (RDAs) created via TIF funds.
Design/methodology/approach – This research is based on secondary literature review, desk-based study and primary interviews with professional interviewees that have been heavily involved in TIF projects in San Francisco over the last decade.
Findings – The abolition of the RDAs in California may be inadvertently cutting-off the principal supply of funds for redevelopment that includes much needed affordable housing.
Originality/value – Reflective lesson learning for themanagement of land and property development in the USA and UK. Particularly with respect to funding mechanisms and agencies that can implement and develop affordable housing.
| Original language | English |
|---|---|
| Pages (from-to) | 368-377 |
| Number of pages | 10 |
| Journal | Property Management |
| Volume | 32 |
| Issue number | 5 |
| DOIs | |
| Publication status | Published - 14 Oct 2014 |
Keywords
- Finance
- Housing
- Property tax
- Redevelopment
- Urban areas
ASJC Scopus subject areas
- Tourism, Leisure and Hospitality Management
Access to Document
- Hutchison_Squires_Death_Life_Tax_Increment_Financing_2014_Post-Print
Final publisher version published as: Squires, Graham, and Norman Hutchison. "The death and life of Tax Increment Financing (TIF) Redevelopment lessons in affordable housing and implementation." Property Management 32.5 (2014): 368-377. Available at: http://dx.doi.org/10.1108/PM-07-2013-0037 Checked Jan 2016