Tax increment financing (TIF) is a public financing tool that uses increased property tax revenue within a designated area for redevelopment projects. TIF advocates believe it helps redevelop blighted areas that would not otherwise see private investment, and thereby increases total economic growth in the area. However, serious concerns exist regarding Texas’ use of TIF.
Auditing the Homeless Industrial Complex
Texas cities are pouring unprecedented amounts of taxpayer money into homelessness services, yet the crisis on the streets continues to visibly worsen. From Dallas to Austin, budgets for housing initiatives expand every year, but the encampments remain. Taxpayers are justifiably wondering where exactly all their money is going. The answer, according to a new research...