City of Chicago Department of Planning and Development
07/15/2026 | Press release | Archived content
Central West TIF Amendment Would Adjust District Boundaries
Central West TIF Amendment Would Adjust District Boundaries
July 15, 2026
312.744.9267
The boundaries of the Central West Tax Increment Financing (TIF) district on the Near West Side would be amended under proposal introduced to City Council today by Mayor Brandon Johnson.
The amendment would remove 2,798 parcels from the district's eastern geography and add 55 parcels near the United Center, resulting in an approximately 5.4% decrease in district size.
As a result of the amendment, approximately $28 million in annual property tax revenues would be returned to governmental taxing districts, based on current tax levels.
The City's TIF program uses new property tax growth within designated districts to support public and private investments within their boundaries.
City of Chicago Department of Planning and Development published this content on July 15, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 17, 2026 at 16:22 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]