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Decatur Tax Allocation District Financing

Tax allocation financing tool for eligible redevelopment projects in Decatur.

About this program

Decatur uses tax allocation district financing as an economic development tool to help fund eligible infrastructure, redevelopment, and public improvement costs tied to qualifying projects in designated redevelopment areas.

Eligibility

Eligible redevelopment projects, developers, and public-private partners located in an approved Decatur tax allocation district or redevelopment area.

Requirements

  • Coordinate with Decatur economic development officials early in project planning
  • Document project costs, public improvements, financing gap, and redevelopment benefits
  • Receive required city, authority, and tax allocation district approvals