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TIF Eligible Costs
The categories of permissible redevelopment costs are included in 65 ILCS 5/11-74.4-3 (q) and 65 ILCS 5/11-74.6-10 (o). These are described below in summary. Please consult the appropriate state statute for a detailed explanation.

  1. Costs of studies, surveys, development of plans, and specifications, implementation and administration of the redevelopment plan.
  2. Marketing costs.
  3. Property assembly costs.
  4. Costs of rehabilitation, reconstruction/repair, or remodeling of existing public or private buildings.
  5. Costs of the construction of public works or improvements.
  6. Costs of eliminating or removing contaminants and other impediments.
  7. Costs of job training and retraining projects.
  8. Financing costs.
  9. Approved capital costs.
  10. Reimbursement to school districts.
  11. Relocation costs.
  12. Payment in lieu of taxes.
  13. Costs of job training.
  14. Interest cost incurred by a redeveloper related to the construction, renovation or rehabilitation of a redevelopment project.
  15. Cost of construction of new housing.
  16. Cost of day care services.