Downtown / CBD Tax Increment Financing (TIF) District

A tax-increment-financing area covering downtown Terre Haute, created to fund redevelopment (including a downtown hotel project) from the incremental tax revenue the district generates. A near-term shortfall is covered from the TIF area's own reserve, not other city funds.

Also known as: CBD TIF · downtown TIF district · downtown hotel TIF · Central Business District TIF · tax increment financing district downtown Terre Haute