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Tax Increment Financing (TIF) and District Improvement Financing (DIF)
Many states offer a version of these financing tools for economic development-related improvements and developments. We can help you assess and implement them in your community.
Tax Increment Financing (TIF) and District Improvement Financing (DIF) are economic development-related funding tools available in some US states. Laws vary from state to state, but TIF and DIF are typically be used to pay for infrastructure and development or redevelopment projects that are part of a community’s long-term economic development strategy.
Camoin Associates has extensive experience in the analysis and implementation of TIF and DIF for many different public and private sector clients as part of our Real Estate Development and Economic and Fiscal Impact Analysis services.
Our TIF/DIF Services and Expertise
Camoin Associates has experience working on TIF/DIF projects for clients throughout New England.
Connecticut TIF
Camoin Associates led the expansion of tax increment financing in Connecticut through the development of a Comprehensive Guide and Toolkit on the use of TIF for our client, Connecticut Main Street Center, and we have designed TIF assessments, policies, and plans for numerous municipalities.
Maine TIF
Camoin Associates has worked on tax increment financing projects in Maine for over 20 years. We completed more than 50 TIF-related projects for developers and municipalities since 2014 alone. We also developed a proprietary model to forecast the tax shifts, TIF-related revenue, and return on investment for proposed projects and have advised on TIF policies for many municipalities and private developers in the state.
New York TIF
Camoin Associates has experience designing TIF assessments, policies, and plans for our clients in the state.
Massachusetts DIF
Camoin Associates led the redesign of the state’s district improvement financing for MassDevelopment. As part of that work, we helped create a DIF Guide, webinars, templates, and other resources for communities. We have also developed new districts and designed DIF assessments, policies, and plans for municipalities throughout the state.
Rhode Island TIF
Camoin Associates has experience designing TIF assessments, policies, and plans for our clients in the state. We currently provide advisory and technical services to the Economic Development Foundation of Rhode Island on the application of TIF to support economic investment.
TIF/DIF Project Success Stories
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District Improvement Financing: A Guide to Using DIF in Massachusetts
Massachusetts hired Camoin Associates to educate towns and cities about district improvement financing (DIF) and how to create their own local program.
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Tax Increment Financing (TIF) Master Plan in New Britain, CT
The City of New Britain, CT, hired Camoin Associates to develop a tax increment financing (TIF) master plan for the revitalization of its downtown area.
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Using Tax Increment Financing for Affordable Housing in South Portland, ME
Agencies in South Portland, Maine, used tax increment financing (TIF) to redevelop a vacant church into much-needed affordable housing.
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Public Financing Feasibility Analysis for Division Street Development in Pawtucket, RI
The City of Pawtucket hired Camoin Associates to analyze the feasibility of tax increment financing (TIF) and other potential public funding strategies for its Division Street development project.
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Tax Increment Financing (TIF) Policy and Master Plans in Groton, CT
The Town of Groton hired Camoin Associates to develop a TIF policy and two separate TIF master plans for its downtown, waterfront, and Five Corners areas.
Learn More About Our TIF/DIF Services
Contact Rachel Selsky, AICP, Vice President and COO:
P 518-899-2608, Ext. 107
E rachel@camoinassociates.com
Services
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Strategic Planning
Strategic Planning
Whether you’re developing a statewide, regional, or local strategic plan, Camoin Associates works with clients to set a vision and develop strategies that will support ambitious, but achievable, goals.
+ Comprehensive Economic Development Strategies (CEDS)
+ Downtown revitalization plans
+ Economic development strategic plans
+ Evaluation and benchmarking
+ Strategic visioning
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Workforce Development and Talent Retention
Workforce Development + Talent Retention
Camoin Associates can help you craft actionable workforce development and talent retention solutions to create a resilient labor pipeline, supporting equitable and inclusive economic growth.
+ Labor market analytics
+ Occupation and skills gap analysis
+ Career pathway mapping
+ Workforce pipeline development
+ Talent retention and attraction strategies
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Real Estate Development Services
Real Estate Development Services
We help communities and developers do it all — from uncovering opportunities and developing project concepts to finding funding and navigating all the complexities from start to finish.
+ Housing needs assessments and housing strategies
+ Market analysis
+ Development strategies
+ Brownfield redevelopment
+ Developer advisory services
+ Financial feasibility analysis
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Economic and Fiscal Impact Analysis
Impact Analysis
To us, measuring the jobs, earnings, sales, and revenue is only the beginning. We take a holistic approach to economic and fiscal impact to tell the full story of what a project, industry, program, or development will do for the community.
+ Economic impact
+ Fiscal impact
+ Tax credit benefit/cost analysis
+ Tax Increment Financing (TIF)
+ District Improvement Financing (DIF)
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Lead Generation and Business Relationships
Lead Generation
As an established global research and direct marketing company, we have a track record of customizing and implementing high-end, mission-critical research and marketing campaigns that exceed client expectations.
+ Trade show planning
+ Marketing mission planning
+ Virtual and in-person meeting setting
+ Website assessment
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Industry Analytics and Strategy
Industry Analytics
As leaders in research and data analysis, we use the most advanced and comprehensive economic data and tools to understand the supply chain, industry market trends, and sector needs, and unearth emerging opportunities.
+ Target industry and cluster analysis
+ Supply chain and trade gap analysis
+ Geographic competitiveness analysis
+ Site selection needs analysis
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Entrepreneurship and Innovation
Entrepreneurship + Innovation
We help clients identify, connect with, understand, and strengthen their entrepreneurial ecosystems. Our mission is simple: to build a more inclusive economy for the future by connecting and inspiring the entrepreneurs of today — and tomorrow.
+ Startup ecosystem assessment and action planning
+ Equitable entrepreneurship strategies: Breaking down barriers
+ Entrepreneurship metrics tracking and evaluation
+ Market research and intelligence
+ Small business outreach and resource centers
+ Policy and code assessment and outreach
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Business Retention and Expansion
Business Retention + Expansion
Economic development is built on connections, and our custom business engagement solutions help you make those connections — from business retention to business attraction.
+ Business visitation process creation and set up
+ Logistical and technology support
+ Follow up plans and strategy development