# Call for hearing(s) on city process and procedures for reviewing and approving applications for tax increment finance (TIF) funding

- Record number: **R2026-0024841**
- Type: Resolution; category: Committee/Public Hearings
- Status: In Committee
- Sponsor: [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (36th Ward)
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Submitted Date: Apr 13, 2026
- Introduction Date: Apr 15, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=607F0DD9-7E37-F111-88B3-001DD80B0E39)

## Impact report

> Written by AI from [the official document](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/5b71653c-bafe-4496-9317-2bbe9e23ac23.pdf). AI can make mistakes; the official document always wins.

This resolution asks the City Council's Committee on Finance to hold a hearing on how the City reviews and approves applications for tax increment finance (TIF) funding.

**Who it affects**

- **Businesses and developers applying for TIF funding**: The hearing would look at how their applications are reviewed and list applications received but not sent for approval since May 1, 2023.
- **Residents of communities inside TIF districts**: The hearing aims to check whether TIF funds are used fairly based on the needs of communities within each TIF district.
- **City department leaders**: The Commissioners of Planning and Development and Housing, Corporation Counsel, Budget Director, Chief Financial Officer, Comptroller, and Chief Equity Officer would be asked to testify and answer questions.
- **Chicago property taxpayers**: The hearing would review how property tax increases captured in TIF districts are spent.

**What changes**

- The Committee on Finance would hold a public hearing on the TIF application review process.
- City officials would explain who makes TIF funding decisions and what criteria they use.
- A list of TIF applications received but not submitted for approval since May 1, 2023 would be requested.

**Money**

- TIF funds come from increases in property taxes captured by the City and are loaned or granted to projects within TIF districts; the resolution says these can reach up to hundreds of millions of dollars.

**Where**: 36th Ward

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Source: https://www.chicagopolitics.org/matter/607F0DD9-7E37-F111-88B3-001DD80B0E39 · Chicago Politics, an independent, nonpartisan tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt