Northern Way: use Tax Increment Financing to keep regeneration going

Leon Walker, Regen.net, 14 May 2009

The economic development initiative for the north of England has endorsed a popular US finance method that funds infrastructure development by borrowing against future tax revenues.

The Northern Way has said that Tax Increment Financing could be a key source of funding for UK regeneration during the downturn. The technique is commonly used to fund US...

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