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What is a Synthetic Project Development Financing (aka Synthetic TIF)?

April 30, 2013

Merriam-Webster’s online dictionary defines “synthetic,” among other things, as “devised, arranged, or fabricated for special situations to imitate or replace usual realities.” As the definition suggests, a “synthetic project development financing” (more commonly referred to as a “synthetic tax incr … Read more

Local Government Debt Financing Primer: Enhanced Security for Project Development Financings

November 29, 2011

Kara Millonzi is a School of Government faculty member. Blight City is looking to revitalize a portion of its downtown. Over the past ten years the area has fallen into disarray and contains many abandoned, dilapidated buildings. Working with a couple of local developers, the city has developed plan … Read more