# Establishment of Universal Tax Increment Finance (TIF) Neighborhood Improvement Program

[Legislation tracker](https://www.chicagopolitics.org/tracker) › [Finance](https://www.chicagopolitics.org/committee/finance) › [15th Ward: Raymond A. Lopez](https://www.chicagopolitics.org/ward/15)

- Record number: **O2026-0025481**
- Type: Ordinance; category: City Council
- Status: In Committee (Referred)
- Sponsor: [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (15th Ward)
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Submitted Date: May 20, 2026
- Introduction Date: May 20, 2026
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=F1A1F6DC-7854-F111-BEC5-001DD801AB0F)

## Timeline

- May 20, 2026: Referred, City Council. The matter was Referred to Committee.

## Documents

- [w15 - o25481 exib a.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/ba6d12ce-586e-4630-a229-86572839c400.pdf) (Exhibits)
- [w15 - o25481.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/0257b6d7-de19-4e1f-bb33-813fe71cd3b0.pdf) (Legislation)

## Related legislation

**More from Raymond A. Lopez**

- [Approval of Canaryville Resubdivision](https://www.chicagopolitics.org/matter/O2026-0029471-approval-canaryville-resubdivision) (O2026-0029471, introduced Oct 14, 2026, Referred)
- [Establishment of "Senior Citizen Property Tax Holiday" in effect from September 1, 2026 through December 24, 2026 in City of Chicago](https://www.chicagopolitics.org/matter/O2026-0027485-establishment-senior-citizen-property-tax-holiday) (O2026-0027485, introduced Sep 23, 2026, Referred)
- [Amendment of Municipal Code Section 2-45-165 by including additional review and decision-making criteria when considering revocation of…](https://www.chicagopolitics.org/matter/SO2026-0027237-including-additional-review-decision-making-criteria) (SO2026-0027237, introduced Jul 15, 2026, Passed as Substitute)

**More on City Council**

- [Tribute to late Michael Keller Ditka](https://www.chicagopolitics.org/matter/R2026-0029456-tribute-late-michael-keller-ditka) (R2026-0029456, introduced Oct 14, 2026, Referred)
- [Submission of public question by referendum to 40th ward voters at February 23, 2027 election on whether Chicago should support moratorium…](https://www.chicagopolitics.org/matter/R2026-0029440-submission-public-question-referendum-40th-ward) (R2026-0029440, introduced Oct 14, 2026, Referred)
- [Submission of public question by referendum to Chicago 30th Ward voters on February 23, 2027 election on support for adoption of ranked…](https://www.chicagopolitics.org/matter/R2026-0029263-submission-public-question-referendum-chicago-30th) (R2026-0029263, introduced Oct 14, 2026, Referred)

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Source: https://www.chicagopolitics.org/matter/O2026-0025481-establishment-universal-tax-increment-finance-tif · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt