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dc.contributor.advisorHultberg, Patrik T.
dc.contributor.authorMelstrom, Richard T.
dc.descriptionvi, 46 p.en_US
dc.description.abstractTax increment financing (TIF) is a popular local economic development tool used by U.S. municipalities. By improving public infrastructure in a disadvantaged area of a city, TIF attempts to stimulate new development, while using the subsequent increases in property values and the associated gains in taxes to pay-off the costs of the improvements. This paper presents an investigation into the impact of Kalamazoo, Michigan's Downtown Development Authority's TIF District on property values, to discern whether or not the District successfully encouraged higher rates of economic growth. Through basic empirical analysis, it is shown that the TIF District did have a significantly positive effect on property value growth.en_US
dc.relation.ispartofKalamazoo College Economics and Business Senior Individualized Projects Collection
dc.relation.ispartofseriesSenior Individualized Projects. Economics and Business.;
dc.rightsU.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.
dc.titleThe Impact of Tax Increment Financing on Downtown Development: Assessing the Effects of TIF on Property Values in the city of Kalamazooen_US
KCollege.Access.ContactIf you are not a current Kalamazoo College student, faculty, or staff member, email to request access to this thesis.

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  • Economics and Business Senior Integrated Projects [1202]
    This collection includes Senior Integrated Projects (SIP's) completed in the Economics and Business Department. Abstracts are generally available to the public, but PDF files are available only to current Kalamazoo College students, faculty, and staff.

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