Chicago program that set aside billions for development left poor areas behind, study says
Chicago program that set aside billions for development left poor areas behind, study says
- August 26, 2026
- Jan Brueckner, economics, offers expert insight in The New York Times
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Jan Brueckner, a professor of economics at the University of California, Irvine, who developed a model on TIF’s effects on public services in Illinois two decades ago, said the research was “well done.” Mr. Brueckner, who was not involved with the study, emphasized that TIF [tax increment financing program] districts “collect tax revenue generated by improvements, as intended, but also keep revenue from overall property-value inflation, which is then not available to the city.”
For the full story, please visit The New York Times.
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