North Avenue TIF

North Avenue TIF Approved

The Village of River Forest Board of Trustees concurred with the recommendation of the Joint Review Board (JRB) and approved the creation of the North Avenue TIF on Monday, August 20, 2018.  If you have any questions about the TIF, please contact Village Administrator Eric Palm. A copy of the approved ordinances and final reports are posted below.

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: