Real Estate Development in Southern IL, with TIF incentives

[Keith Lanier]

Hello everyone, I am looking for a seasoned developer to assist me with a project in IL, and very familiar with Tax Incremental Financing? I have been working on this since Jan 2024, this a large project, and currently I am working with the City...If anyone understand the financing strategy, and have a background in Commercial/Residential development, please reach out to me....

thank you!

[Jacob Valle]

Hi @Keith Lanier I have some experience with TIF development projects.  I'll be happy to talk and see if I can be of assistance.  

[Keith Lanier]

Greetings, Mr. Jacob Valle, thanks for replying and reaching out to me....If we can schedule a call this coming week at your convenience I would be more than happy to jump on a call, to see if you can be of some assistance, that would be great? If you  could provide a day and a time, that would work for you, I will schedule it? How does that sound?

Thanks Mr. Jacob

[Kristi Kandel]

Quote from @Keith Lanier:

Hello everyone, I am looking for a seasoned developer to assist me with a project in IL, and very familiar with Tax Incremental Financing? I have been working on this since Jan 2024, this a large project, and currently I am working with the City...If anyone understand the financing strategy, and have a background in Commercial/Residential development, please reach out to me....

thank you!

 @Keith Lanier TIF is a mechanism that the jurisdiction can help you understand and navigate. Unless you're trying to figure out how to incorporate it into your UW? If your UW forms don't have a TIF line you can hire a person or company to help UW your deal. 

[Keith Lanier]

Hi Kristi, thanks for the reply? My first question, is what is UW, what is that Acronyms? This is a small town, and I am dealing with the Treasury dept, of this City, they are not sophisticated on the matter, they want the project, however, I will have to get outsiders involved? Any commentary is appreciated....

thank you Ms. Kandel

[Kristi Kandel]

Quote from @Keith Lanier:

Hi Kristi, thanks for the reply? My first question, is what is UW, what is that Acronyms? This is a small town, and I am dealing with the Treasury dept, of this City, they are not sophisticated on the matter, they want the project, however, I will have to get outsiders involved? Any commentary is appreciated....

thank you Ms. Kandel

 @Keith Lanier You'll want to make sure the treasury dept has a firm understanding of the TIF as they will need to be the ones facilitating it. They should have county agencies that can assist them when things are too complex for their current capabilities. UW = underwriting. 

[Keith Lanier]

Hi Ms. Kristi, sorry for the delay, and thanks for the reply.....Listen this is a small town that needs some sprucing up, they do want the development, but TIF is not a strong suit for this community, although they have done some TIFs in the district, however this is on a different level? Do you have a background on TIF developments? 

thanks again!

[Kristi Kandel]

Quote from @Keith Lanier:

Hi Ms. Kristi, sorry for the delay, and thanks for the reply.....Listen this is a small town that needs some sprucing up, they do want the development, but TIF is not a strong suit for this community, although they have done some TIFs in the district, however this is on a different level? Do you have a background on TIF developments? 

thanks again!

 @Keith Lanier we've worked on a lot of projects across the country where the local agencies provided a TIF as part of the project. However, we don't help the jurisdiction build their program.