TIF payments-in-lieu-of-taxes policy

At a glance

  • What: Ordinance establishing Council policy on expenditure of payments in lieu of taxes (PILOT) from TIF districts.
  • Key proposal: 50% allocation to Neighborhood Development Fund and/or Affordable Housing Trust Fund; 50% for community-based organization proposals.
  • Status: Held for further consideration at October 14 and October 7 meetings.
  • Scope: Applies to TIF Districts 1 and 5-36, all current and future PILOT amounts after existing obligations are paid.
  • Repeals: Ordinance Nos. 206-2020 and 301-2020 and all related TIF revenue expenditure policies.

Policy Details

The ordinance would establish exclusive control of TIF District revenues through Council, replacing prior Administration policies. The 50/50 split directs:

  • Fifty percent: Eligible uses under Neighborhood Development Fund and/or Affordable Housing Trust Fund.
  • Fifty percent: Eligible uses proposed in collaboration with community-based organizations.

Sources

Log

2026-10-14 - Cincinnati City Council

Ordinance 202602831 held for further consideration. Submitted by Councilmember Walsh establishing policy on TIF District payments-in-lieu-of-taxes with 50/50 allocation between Neighborhood Development/Affordable Housing uses and community-based organization proposals.

2026-10-07 - Cincinnati City Council

Ordinance 202602831 referred to Budget, Finance & Governance Committee for further review.

  • 2026-10-22 - Page created from posted agenda.
  • 2026-10-25 - Updated with October 7 and October 14 minutes details.
  • 2026-10-12: Budget, Finance & Governance Committee heard the TIF policy consolidation and the companion Neighborhood Development Fund ordinance; a motion to postpone failed and the ordinance passed on a roll call with one no vote. See 2026-10-12 - Budget, Finance & Governance Committee.