Tax-Increment Financing


This is available in urban renewal districts only. The downtown core and all industrial parks have been designated as urban renewal districts. Any TIF amount will be based on the increased assessed value the project creates. TIF will be awarded to the property owner as a rebate of the new taxes over 3 to 10 years.

$5,000,000 in new assessed value will generate approximately $135,000 per year in new taxes at the present tax rate. That amount could support debt service on a TIF bond yielding proceeds of approximately $700,000 to the company. Or the $135,000 in new taxes could be rebated each year for 10 years.

Additional Background Information:

Tax Increment Financing Success in Dubuque

Housing Incentives Brochure

TIF Triangle

Use of TIF

Cities can use Tax Increment Financing (TIF) to pay the cost of streets, water, sanitary and storm sewers, parks, trails, and related public improvements for new housing development by creating Housing TIF Districts.

Housing TIF Districts support reinvestment and redevelopment activities in the urban renewal area and support revitalization within the area and the community for low- and moderate-income families. Cities can establish Housing TIF Districts within their corporate limits and within two miles of their corporate boundaries with the consent of the County Board of Supervisors. 

By state law, when TIF is used for housing development, approximately 38 percent of the future tax increment revenues from the project must be used to provide housing assistance to low- and moderate-income families whose incomes are no greater than 80 percent of the median income anywhere in the city.  This is starter housing for Dubuque’s current and future workforce, and our most vulnerable residents, the elderly and disabled.

Urban Renewal Housing Tax Increment Financing (TIF)

Tax-increment financing (TIF) is an important and flexible tool used in communities for three main purposes: promoting economic development, eliminating slum and blight, and facilitating housing development.

Market Rate Residential Subdivision, Multi-Family Units

Owner-occupied, attached/detached single-family home, multi-family units/apartments. Requirements: installation of fiber conduit, accept housing choice vouchers. Term: 10 years. 

Mixed-Income Residential Subdivision

Owner-occupied, attached/detached single-family home, multi-family apartments. Requirements: installation of fiber conduit, accept housing choice vouchers. Term: 10 years.