OMAHA- Used in urban cities of Omaha and Lincoln as well as rurally, TIF will be sought to help revamp and add mixed-income housing to a blighted North Omaha site named after longtime state legislator Ernie Chambers. Trendier areas, including Omaha’s downtown and midtown, also have spiffed up with TIF-enabled projects such as Mutual of Omaha’s under-construction $600 million skyscraper and spots along the Blackstone commercial district.

During a half-day workshop Wednesday hosted by Urban Land Institute Nebraska, supporters touted the public benefits of those and other Nebraska projects made possible with TIF, a public financing mechanism used for decades to spur investment in blighted areas across the state. Organizers of the event, aimed at shedding more light on the incentive, called TIF one of the few redevelopment tools available to reverse blight.

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