Posted in the Washington Forum
#1 Jul 12, 2013
No matter what your situation, you need to understand these TIF fund streams being used to update communities. They are LOANS and not free money. No one seems to be questioning where the money comes from, but it's being used freely for frivolous and unnecessary expenses. They will need to be repaid in the future, if you can't... well, you will be the next California begging on the streets. Don't trust me... check it out for yourself. Look up and judge how TIF funds work, then ask how many your community already needs to repay!
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