TIF Districts

Illinois law allows units of local governments to designate areas within their jurisdiction as Tax Increment Financing (TIF) districts. These districts dedicate sales tax revenues and additional property tax revenues generated within the TIF for improvements within the district to encourage new economic development and job creation.  Funds may be used for costs associated with the development or redevelopment of property within the TIF, allowing blighted, declining and underperforming areas to again become viable, and allowing these areas to compete with vacant land at the edge of urban areas.

Projects in TIF districts typically include:

  • Redevelopment of substandard, obsolete, or vacant buildings
  • Financing public infrastructure improvements, including streets, sewer, water, in declining areas
  • Cleaning up polluted areas
  • Improving the viability of downtown business districts; rehabilitating historic properties
  • Providing infrastructure needed to develop a site for new industrial or commercial use

The city has leveraged TIF since the late 1980s to help grow the commercial corridors. Recently, the city adopted TIF in some of its oldest neighborhoods to encourage redevelopment of existing homes. Contact the city’s TIF Administrator, Cody Moake, to learn more.

a man walks in front of a historic teal house on a brick road in marion il

Click to view TIF Districts in the City of Marion.  The Residential TIF is in yellow on the map.

Marion TIF Fact Sheet

Would you like to know more about our TIF Districts?  Click the icon to learn more.

TIF Exterior Improvement Grants

Grants are available May 1, 2024 – April 30, 2025 on a first come first served basis. Once all dedicated funds are exhausted, the program will be suspended until the following May 1st.

Residential TIF Residential Exterior Improvement Grant

Hub TIF Commercial Facade Improvement Grant

TIF Grant Tracker

Click to see the Residential TIF Grants issued to date and the impact they are making in our residential neighborhoods.