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Tax-Increment Financing

Urban Renewal of the 1990s

By Marc Jolin, Sharon Legenza & Matt McDermott

The reality of "urban renewal" through tax-increment financing is that poor persons are being displaced all in the name of entrepreneurship and development. The Illinois experience shows how communities may organize, how attorneys may build litigation strategies, and how both groups may work together to reform legislation that oftentimes further empowers the entities with the most money.

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