Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

118
Posts
46
Votes
Jaden Ghylin
  • Developer
  • Prior Lake, MN
46
Votes |
118
Posts

Using TIF for Down Payment Funding

Jaden Ghylin
  • Developer
  • Prior Lake, MN
Posted

I am new to commercial development and I'm looking for some resources on how TIF can be used to help fund a project in Minnesota.  I've been having a tough time finding much education on this.  Is it possible to use TIF to fund part of the down payment for a new project?  How does that work?  I understand that TIF effectively freezes the property tax at the pre-project value, but I don't understand how that could be used to fund a down payment on a project.  I'd appreciate any insights you all may have on this.

Thanks,

-Jaden

Loading replies...