Tax Increment Financing (TIF) Districts

Old Town Redevelopment TIF District

As of January 5, 2016, the Village of Carpentersville has designated a 397 acre area of land within the Village as a tax increment financing district.

Route 25 TIF District

The Village of Carpentersville has designated an area of the Route 25 commercial corridor from Lake Marian road to Northlake Parkway as a tax increment financing district.

Spring Hill Center TIF District (Number 1)

Pursuant to the Industrial Jobs Recovery Law, the Village of Carpentersville designated an area along Commerce Parkway, at the intersection of Illinois Route 31, as a tax increment financing district.

Spring Hill Mall Redevelopment TIF District

In conjunction with the redevelopment efforts of the Developer and the Village of West Dundee, the designation of the Spring Hill Mall Redevelopment TIF District will serve to rehabilitate and redevelop the Mall through an integrated and comprehensive strategy that utilizes public resources to stimulate additional private investment in an area that would not otherwise be commercially productive.

Proposed Spring Hill Mall 2 TIF District

TIF Joint Review Board Agendas & Minutes

Here you can access the agendas and minutes from meetings of the Tax Increment Financing Joint Review Board.