Tax Law

• Tax Increment Financing: Fuel For Public/Private Development Can one create something from nothing? Can an underdeveloped area "pull itself up by its bootstraps"? Perhaps, with tax increment financing (TIF), an increasingly popular method for funding economic development and redevelopment, also known as tax allocation bond financing.
• Tax-Exempt Financing for Religious Nonprofits: Lessons on the First Amendment In an ordinary tax-exempt bond transaction, a local government entity, often a development authority, issues bonds to finance facilities for a private organization. Investors purchase the bonds and the development authority uses the funds either to make a loan to the nonprofit or to acquire facilities for lease to the nonprofit.