Aug 2, 2011 3
Bronzeville residents turned out in impressive numbers for last Thursday’s public forum of the Mayor’s Task Force on TIF Reform, which was held at the Bronzeville Chicago Military Academy.
Other communities were represented, but more forums in additional communities would certainly offer the task force greater breadth of public input. But last week’s was the only hearing that is planned.
Bronzeville is one of the city’s most heavily TIFed communities, with thirteen TIF districts covering 80 percent of the area, many created to finance CHA redevelopments – with more in the works had Mayor Daley won the 2016 Olympic games, according to Housing Bronzeville.
Sheila Carter testified on behalf of the group that TIFs have “failed local taxpayers” in their lack of transparency and accountability. It’s been “virtuallly impossible for local residents to understand how TIF monies were being raised and spent in our area,” she said, suggesting “this confusion and lack of documentation was intentional.”