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Giant Transit TIF Unanimously Passes City Council

Clip: 11/30/2016 | 5m 7sVideo has Closed Captions

Why the City Council on Wednesday voted unanimously to create a massive TIF district.

In an eleventh hour attempt to secure $1 billion in federal funding, the Chicago City Council on Wednesday voted unanimously to create a massive new tax increment financing district, or TIF, to fund improvements to the Chicago Transit Authority. Paris Schutz has details.

11/30/2016 | Rating NR

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Giant Transit TIF Unanimously Passes City Council

Clip: 11/30/2016 | 5m 7sVideo has Closed Captions

In an eleventh hour attempt to secure $1 billion in federal funding, the Chicago City Council on Wednesday voted unanimously to create a massive new tax increment financing district, or TIF, to fund improvements to the Chicago Transit Authority. Paris Schutz has details.

11/30/2016 | Rating NR

Problems playing video?   | Closed Captioning Feedback

Report a Problem

Before you submit an error, please consult our Video Help page.

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