Re-Imagine Chicago: How Lightfoot Administration Is Reforming TIFs

Chicago’s deputy mayor for economic and neighborhood development explains how Mayor Lightfoot has reformed TIFs so far.

Chicago Mayor Lori Lightfoot
Mayor Lori Lightfoot speaks to reporters in Chicago, on Jan. 11, 2021. On Tuesday, she announced a goal for the city to be fully reopen by July 4. Ashlee Rezin Garcia / Chicago Sun-Times via AP, Pool
Chicago Mayor Lori Lightfoot
Mayor Lori Lightfoot speaks to reporters in Chicago, on Jan. 11, 2021. On Tuesday, she announced a goal for the city to be fully reopen by July 4. Ashlee Rezin Garcia / Chicago Sun-Times via AP, Pool

Re-Imagine Chicago: How Lightfoot Administration Is Reforming TIFs

Chicago’s deputy mayor for economic and neighborhood development explains how Mayor Lightfoot has reformed TIFs so far.

In February 2020, the Lightfoot administration announced a number of changes that aim to bring more transparency and equity to tax increment financing in Chicago.

Reset learns what steps have been taken so far and how they fit into the city’s overall economic development strategy.

GUEST: Samir Mayekar, deputy mayor for economic and neighborhood development in the Lightfoot administration