Tax Increment Financing

Tax Increment Financing (TIF) is a state program that allows developers to apply a portion of newly generated taxes from an area to pay for a project’s public infrastructure. The Lexington-Fayette Urban County Government participates by committing a portion of newly generated taxes at the local level to state projects. Public infrastructure supported by TIF projects in Lexington has included parking, roads, sidewalks, curbs, lighting, and sewer infrastructure.

Active TIFs

Currently, Lexington has nine active TIFs.

Additional information on state participation can be found on the Kentucky Cabinet for Economic Development website.