North Avenue TIF

Upcoming Meetings

The Village of River Forest continued the Joint Review Board (JRB) meeting to Thursday, June 21, 2018 at 5 PM to make a recommendation to the Village Board for the proposed North Avenue TIF District.  The Village Board of Trustees held a public hearing on Monday, July 9, 2018 at 7 PM.   Both meetings were held at Village Hall, 400 Park Avenue, River Forest, IL 60305. If you have any questions about this meeting, please contact Village Administrator Eric Palm. To view a copy of the presentation made by the Village Administrator at this meeting click here.  To listen to audio from the July 9, 2018 Public Hearing, please click here.

Availability of the North Avenue TIF Reports 

The Village of River Forest has announced the availability of the North Avenue TIF Redevelopment Project and Plan, Eligibility Study and Housing Impact Study. If you have any questions about the reports, please contact Village Administrator Eric Palm

Click Here To View the Reports 

TIF Interested Parties Registry

The Village of River Forest has established a Tax Increment Financing (“TIF”) District Interested Parties Registry relative to the proposed North Avenue TIF District. Residents of the Village and organizations active in the Village may register with the Village to receive information on any proposed designation of a TIF redevelopment project area or the approval of a TIF redevelopment plan, including, but not limited to, those for the proposed North Avenue TIF District, as well as information regarding any changes proposed for the redevelopment plan for the proposed North Avenue TIF District.  Registration forms are available from the Village Administrator, at the River Forest Village Hall, 400 Park Avenue, River Forest, Illinois 60305, between the hours of 9:00 A.M. and 5:00 P.M., Monday through Friday, except on holidays.  Rules to implement the registration process have been adopted by the President and Board of Trustees and may be obtained at the same location.

TIF Interested Parties Registry - Individual
TIF Interested Parties Registry - Organization

Background Information

TIF Primer

Watch the video below, or Read TIFs 101 - A Taxpayers Primer for Understanding TIFs, both courtesy of the Cook County Clerk: