Tax Increment Reinvestment Zone (TIRZ): Also known as Tax Increment Financing (TIF), a TIRZ is a tool that the City can use to finance needed improvements for infrastructure and buildings within a designated area. Arlington has four active TIRZ districts, each with nine board members responsible for reviewing funding requests.
The City has historically utilized Tax Increment Reinvestment Zones (TIRZ) as a powerful vehicle to develop and redevelop qualified projects based on City goals and objectives. Tax Increment Reinvestment Zones help facilitate development and redevelopment projects, resulting in an overall increase in the value of the commercial property. Tax increment financing may be available to finance needed public improvements in Arlington.
Protip: The site search can be opened with the / key and closed with the ESC key.