Municipal Tax Increment Financing

Municipal Tax Increment Financing

Program Name: Municipal Tax Increment Financing

Resource Type: State

State: Maine, Northeast

Agency: Program Source: Tax Incentive

Description: Municipal Tax Increment Financing (TIF) is a finance vehicle available to Maine municipalities (cities, plantations, towns) and the Unorganized Territory. These TIF-eligible entities propose and drive the creation and approval of local TIF districts.

Website: http://www.maine.gov/decd/mainebiz/business_assistance/tax_reimbursement/tax_increment_financing.shtml