Now is the time to move the 3rd Ward forward.

Through the use of Tax Increment Financing (TIF), which captures a portion of the increased taxes realized from the development of Market at Olive, $15 million in revitalization funds for the Third Ward will be generated over time: $10 million for Third Ward residential neighborhoods and $5 million for the Olive Boulevard Commercial Corridor.

This planning effort, FOR THE THIRD WARD, is designed to create strategies for investing those TIF funds in a way that increases housing values, promotes economic diversity, encourages homeownership, and revitalizes the Third Ward.