South Loop deal tells of TIF's twists

Interview with the Chicago Reader's Ben Joravsky on why aldermen voted how they did on the McCormick-area hotel subsidy; why some private parcels in TIF districts generate no money for taxing bodies; and whether expiring TIF districts create a "back-door" tax. Length 5.6 minutes standard, 12.8 minutes premium.

Standard audio:

Premium audio:

Available only to subscribers. Subscribe here for unlimited access. Subscribers: log in.

Article: "Aldermen advance Rahm's South Loop plan without analyzing it first" (Chicago Reader)

Article: "Here's the latest proposal to spend TIF money in an area that doesn't need it" (Chicago Reader)