City of Portage, Indiana

We are a community of hard working people with a commitment to keeping our city safe, clean, and prosperous.

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Redevelopment Commission

NEWS 


ABOUT TAX INCREMENT FINANCING

Tax Increment Financing (TIF) is a type of financing that permits local governments to finance the redevelopment of blighted areas and the economic development of rapidly developing areas. The Portage Redevelopment Commission relies on TIF revenue to implement projects that create or enhance the economic viability of our city. 

Tax increment is the property tax revenues collected on the increased assessed valuation of property in the area to be redeveloped or developed. Tax increment financing not only permits the acquisition of property for purposes of redevelopment or economic development but also provides another means for communities to finance infrastructure improvements in a blighted area or an economic development area.

TIF's are a popular means of financing local public investment intended to stimulate private sector investment and job creation, principally through infrastructure improvements. Presently, TIF's are used by local governments in 49 states. 

RESOURCES

2017 Annual Report
Allocation Area (TIF) Map

Porter County GIS Map 


COMMISSION MEMBERS

1 year term, 5 members:  3 appointed by Mayor, 2 appointed by Council

James E. Snyder - Mayor                                  
Greg Lach - Citizen                               
Steven A. Nelson - Citizen                  
Liz Modesto - Council Person                              
John Cannon - Council Person
Gregg Sobkowski - Attorney  

Contact Us

Colin Highlands,
Redevelopment Administrator and Project Manager

City Hall
(More about City Hall)
6070 Central Ave
Portage, IN 46368
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  • Business: (219) 841-6428
  • Staff Directory
  • Office Hours:
    M-F 8:30 AM to 4:30 PM

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