Tax Increment Financing

Tax Increment Financing (TIF) utilizes the tax from future gains in real estate values to fund public infrastructure improvements. These improvements serve to increase the value of properties in the TIF district while also encouraging new development in the surrounding area. Districts are typically established for a period of 20 to 25 years, during which time all incremental tax revenues above the base rate at the time the district is established flow into the TIF fund.

View the city-wide map or scroll down for details on specific TIF districts.

District Plans	District Maps
Aeroplex Economic Development Plan, Established November 12, 2002
Cassopolis Street Economic Development Plan, Established January 10, 2006
Consolidated South Elkhart Redevelopment Plan, Established November 12, 2013
Downtown Redevelopment Plan, Established February 25, 1986
Technology Park Redevelopment Plan, Established December 14, 2004
West 78 Business Park Economic Development Area, Established October 11, 2022
Parkway at 17 Economic Development Area, Established July 11, 2023
Boulder Run Residential Housing Economic Development Area, Established April 8, 2025

Learn More

To learn how tax increment financing might benefit a specific capitol improvement project for infrastructure improvements or large-scale development, please contact Development Services.

Contact Us

Development Services

📞(574) 522-4855

📍201 S. 2nd St. Elkhart, IN 46516

Mailing Address: 229 S. 2nd St. Elkhart, IN 46516

Hours: Mon. - Fri. 8 AM - 5 PM EST

Adam Fann, Assistant Director of Redevelopment
Adam.Fann@coei.org

Jacob Wolgamood, TIF Infrastructure Project Supervisor
Jacob.Wolgamood@coei.org