Taxes & The Arts: Portland Sees A Way To Benefit Both

The City of Portland has moved one step closer to becoming the first City in the United States to create a Tax Increment Financing District for the sole purpose of promoting and investing in the arts and Creative Economy in Portland.

A recent Portland Press Herald article shares some information about the initiative.

Read the Full Article Here

“This is a new frontier on how to use TIF money,” said City Councilor David Marshall. “The intent is to use it for the public good, and I really believe that using TIFs for arts and cultural purposes gets to the heart of the public good.” (Portland Press Herald)