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Little Rock Tax Increment Financing Development Assistance
Little Rock may use TIF district revenues to finance eligible redevelopment, infrastructure, and economic development improvements.
About this program
The City of Little Rock uses Tax Increment Financing districts as economic development tools for eligible redevelopment and infrastructure projects. TIF revenues can be used to finance or reimburse costs such as public infrastructure, site improvements, district improvements, and capital projects that support economic development and increased property value within the district.
Eligibility
Developers, businesses, property owners, and public-private partners with eligible projects in Little Rock TIF districts may seek project-specific assistance through the City.
Requirements
- Project must be located in or directly benefit a Little Rock Tax Increment Financing district.
- Project must align with the applicable district purpose and City economic development objectives.
- Applicant must demonstrate public benefit and need for public participation.