The November issue of On Common Ground, published by the National Association of REALTORS, features an article about Tax Increment Financing, a tool that many municipalities use in Wisconsin to unlock development, attract investment, and revitalize underperforming districts. The piece highlights how cities nationwide are using TIF to build housing, upgrade infrastructure, and support catalytic redevelopment. In Milwaukee, TIF has played a major role in downtown momentum, including housing conversions and district-scale projects that wouldn’t be possible without this financing approach.
(Milwaukee is)…“ahead of the curve nationally [and] recognizing the need to get creative and find a solution to repurpose obsolete buildings.” according to Johnny Vassallo who is featured in the coverage.
Check out the full article HERE