Tax Increment Financing (TIF) is a type of financing that permits local governments to finance the redevelopment of blighted areas and the economic development of rapidly developing areas. Tax increment is the property tax revenues collected on the increased assessed valuation of property in the area to be redeveloped or developed. Tax increment financing not only permits the acquisition of property for purposes of redevelopment or economic development, but also provides another means for communities to finance infrastructure improvements in a blighted area or an economic development area.

TIF’s are becoming an increasingly popular local means of financing public investment intended to stimulate private sector investment and job creation, principally through infrastructure improvements.

Southwest Indiana Development Corporation is currently home to 38 TIF Districts: 

County NameTIF ID#TIF District
CrawfordT13003Jasper Engine Exchange
DaviessT14001Area 1 (GPC) Economic Development Area
DaviessT14002Westgate Economic Development Area
DaviessT14003Southwest Washington Economic Development Area
DaviessT14004Southeast Washington Economic Development Area
DaviessT14005Legends Economic Development Area
DaviessT14006South Washington
DaviessT14007I-69 Corridor Economic Development Area
DuboisT19001Jasper Central Area Economic Development Area
DuboisT19002Riverfront Economic Development Area
DuboisT19052Northwest Industrial Economic Development Area
DuboisT19053Industrial Park West Economic Development Area
DuboisT19054East Styline Economic Development Area
DuboisT19055400 W Economic Development Area
DuboisT19057OFS Economic Development Area
DuboisT19060Huntingburg Redevelopment Authority
KnoxT42221Hart Street Economic Development Area
KnoxT42264TIF #4
OrangeT59002Historic West Baden Springs
OrangeT59003Paoli TIF District
OrangeT59004Orleans Economic Development Area
PerryT62001TIF Allocation - TIF #1
PerryT62003TIF #3 Waupaca
PerryT62004TIF #4 Webb Wheel
PerryT62005TIF #5 Riverview West
PikeT63001MainSt. Redevelopment Area
PikeT63002Pike Crossing
SpencerT74004Main Street/Sycamore Street/Lincoln Avenue Redevelopment Allocation Area
SpencerT74101AK Steel

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