CNP ATL
A blog series about the future of Atlanta.
What Connects the Gulch and the Atlanta BeltLine? A Technocratic Financial Tool Known as Tax Increment Financing.
Tying together these two massive redevelopment efforts – the Gulch and the BeltLine – and their lack of prioritizing real public benefit for Atlanta residents, is a funding mechanism called a Tax Allocation District (TAD), also known as Tax Increment Financing (TIF). Today, TIF is a go-to tool used by municipalities across the country to leverage private sector investment for the “revitalization” of designated sections of cities.