Jacob & Klein

We counsel communities to help them build a brighter future. The team of Jacob & Klein Law Firm and The Economic Development Group is a powerhouse of expertise that can help your community establish and administer Tax Increment Financing Districts (TIF). With more than 100 years of combined experience, we are two firms working as one that specializ... e in the creation and administration of tax increment financing and other innovative business incentives to: A key to the success of establishing and administering a TIF District is hiring the right people the first time. Youll work with Herb, Steve, Nic, Gwen or Paul, as recognized legal and economic development experts. Working with them is a team of professionals who can point to dozens of cases where their successful economic development strategies have made a difference to the community. We not only help create TIF Districts, but we provide ongoing services to administer and advise you on how to maximize TIF benefits for each public or private redevelopment project. Our involvement doesnt stop after the legal documents are drawn. Throughout the life of your TIF District, we provide innovative solutions, negotiate with developers and other taxing bodies, provide legal advice and program administration all to maximize the TIF Districts effectiveness. We work with private developers and entrepreneurs who need TIF assistance to help jumpstart their Project. We understand that TIF affects the community so we use a holistic approach and work with schools, counties and other taxing districts to ensure that the TIF Redevelopment Plan brings positive change to the community. Weve helped create more than 220 TIF Districts in Illinois which have retained or created more than 4,000 jobs and brought more than $2.5 billion of new investment to our cities. If you are just learning about TIF or have an existing TIF District, we can show you how to maximize the economic incentives and give you the tools you need to revitalize your community.Read More