Michigan's Downtown Development Authorities Act - Understanding Tax Increment Financing

Your community is part of a DDA district and you provide tax increment financing to the DDA. Your new mayor wants to dissolve the tax increment financing, thinking this will reap a huge financial gain for the municipality. This mayor does not understand how DDAs work, the Michigan’s DDA Act or the concept of tax increment financing. This course will provide all the information your municipality needs to understand how DDA tax increment financing works, the pitfalls of dissolving a TIF and how this can impact your community. This course is a must for any elected official whose community is part of a DDA or thinking of forming a DDA.