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.
|Number of pages||10|
|Publication status||Published - 14 Oct 2014|
- Property tax
- Urban areas
ASJC Scopus subject areas
- Tourism, Leisure and Hospitality Management