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

[Legislation tracker](https://www.chicagopolitics.org/tracker) › [Finance](https://www.chicagopolitics.org/committee/finance) › [36th Ward: Gilbert Villegas](https://www.chicagopolitics.org/ward/36)

- Record number: **R2026-0024841**
- Type: Resolution; category: Committee/Public Hearings
- Status: In Committee (Referred)
- 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

## Timeline

- Apr 15, 2026: Referred, City Council. The matter was Referred to Committee.

## Documents

- [TIF Review Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/5b71653c-bafe-4496-9317-2bbe9e23ac23.pdf) (Legislation)

## Related legislation

**More from Gilbert Villegas**

- [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)
- [Amendment of Municipal Code Section 2-44-055 establishing scoring criteria for 9% tax credits](https://www.chicagopolitics.org/matter/O2026-0029453-scoring-criteria-9-tax-credits) (O2026-0029453, introduced Oct 14, 2026, Referred)
- [Exemption from physical barrier requirement for commercial driveway alley access for Best West Auto Repair, Inc.](https://www.chicagopolitics.org/matter/O2026-0027919-exemption-physical-barrier-requirement-commercial-driveway) (O2026-0027919, introduced Sep 23, 2026, Passed)

**More on Committee/Public Hearings**

- [Call for hearing(s) on implementation of Rev. Jesse Jackson, Sr. Young Voter Empowerment Law in Chicago high schools](https://www.chicagopolitics.org/matter/R2026-0028841-call-hearing-implementation-rev-jesse-jackson) (R2026-0028841, introduced Sep 23, 2026, Referred)
- [Call on City of Chicago departments to prioritize heat mitigation, maintain and expand cooling centers, and install heat-resilient…](https://www.chicagopolitics.org/matter/R2026-0028725-call-city-chicago-departments-prioritize-heat) (R2026-0028725, introduced Sep 23, 2026, Adopted)
- [Call for hearing(s) on implementation of advanced law enforcement training technology](https://www.chicagopolitics.org/matter/R2026-0028822-call-hearing-implementation-advanced-law-enforcement) (R2026-0028822, introduced Sep 23, 2026, Referred)

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Source: https://www.chicagopolitics.org/matter/R2026-0024841-call-hearing-city-process-procedures-reviewing · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt