How TIF funding could boost retrofitting in the UK

11 July 2011: The Guardian has published a comment piece today highlighting how “Tax increment financing could be used to fund grants for sustainable improvement to the country’s housing stock“. TIFs provide new borrowing power opportunities for local authorities in England, and was first announced as a Government proposal by the Deputy Prime Minister back in September 2010. The issue of TIFs and business rate retention was also looked at in some detail recently by the City Finance Commission.

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