How Other Cities are Funding Parks and
Transit Improvements

With Multi-Property Tax Increment Financing (TIF) Districts

Tuesday, June 26, 8:30 AM

The Union League
140 South Broad Street
Meade Room

Speakers

Robert M. Eury, President, Central Houston, Inc.
Carole Morey, Chief Infrastructure Officer, Chicago Transit Authority
Paul R. Levy, Executive Director, CPDC

With federal and state funding steadily decreasing, cities need to find innovative ways to fund infrastructure, transit and public space improvements to serve more employees, visitors and rising populations. Tax Increment Financing (TIF), backed by increases in tax revenues from large, multi-property districts that benefit from the public improvement, is being used by other cities for transit lines, streetscape enhancements and public parks. Come learn from leaders in Houston and Chicago on how their cities are using TIF districts to invest in transportation and public space improvements and how this might be replicated in Philadelphia.

CPDC members are encouraged to invite both young professionals and other members of their firms to attend this meeting.

Please RSVP to Romina Gutierrez by Wednesday, June 20, at rgutierrez@centercityphila.org or 215.440.5543.