Using TIF to Promote Healthy Communities

Using TIF to Promote Healthy Communities

WAPA Conference Presentation

June 13, 2013

TIF History

Past & Current Use of TIF

TID Type # Active %

TIDs pre-10/1/95 213 18.7%

Blight 268 23.5%

Rehab/Cons 101 8.9%

Industrial post ‘95 193 16.9%

Industrial post ’04 77 6.8%

Mixed Use (‘04) 203 17.8%

Environmental 16 1.4%

Town Ag 3 0.3%

Total 1,074

Severely

Distressed

9 0.8%

Distressed 56 4.9%

1995 – 835

TIDS

Created, 408

were still

active

Recent Changes

• Sharing Revenue Between Districts

• ½ Mile Radius

• 1 Year Extension – Fund Low-Cost

Housing

• Town TIF – TAF

• Town TIF – Cooperative Boundary

• Multi-Jurisdictional TID

Applications: Healthy

Communities

Prairie du Chien TID

#5 Workforce

Housing

– transfer funds from

ind TID to ind TID for

low-cost housing

– City is developer

– energy star homes

– bike connection

to high school

High

School

Bike Trail

Universial

Forest

Products

100 Emp.

37 Single Family Lots


Communities

Shorewood Hills Marshall Court


Communities

Shorewood Hills Marshall Court

Before After


Communities

Cambridge

Vacant Melster Candy

Property

• “Hole in the donut

along Koshkonong

Creek

• Senior housing

redevelopment proposal

• No bridge connection

to downtown - creates a

divided community from

a pedestrian perspective

• No community

connections to regional

bike trails


Communities

Cambridge• TID driven by

redevelopment

of Melster

Candy site

• Connect site &

west side with

downtown

• Connect

regional bike

trails

• ½ mile radius Existing Cam-Rock Trail

Connection to

Glacial Drumlin Trail

Safe bike

crossings of

Hwys 12 & 18


Communities

Monona• Housing stock – 1950’s;

not meeting needs of

modern households

• Losing residents to

communities w/ newer

homes

• TID #3 closing –

generating $120,000

• Kept TID open 1 year –

revenue used to fund

Renew Monona


Communities

Concept:

Town TIF for

Farmland

Preservation


Communities

• Town Cooperative Boundary TID

• Multi-Jurisdictional TID

Questions?

Gary Becker, CEcD

Vierbicher

999 Fourier Dr., Suite 201

Madison, WI 53717

(608) 821-3941

[email protected]

www.vierbicher.com

Government & Nonprofit

Using TIF to Promote Healthy Communities