What is a TIF Grant?
A TIF Grant is a grant awarded to a non-residential project within the TIF boundaries of the City of Zion that has met certain criteria deeming the project eligible and viable to receive grant funding. Who can apply for a TIF Grant funds? Any new or established business can apply for a TIF grant. What can I use the funds for? The funds may be used for any construction related improvements to the building that bring it into compliance with city codes and in the interest of adding to the assessed value of the property. In addition, improvements can be made that will support or enhance the viability of the approved business such as signage, display shelving, flooring, lighting, etc. Relocation costs related to acquiring the site, engineering, legal and architectural services, are also acceptable uses of the funds. Prohibited uses include inventory, equipment, labor, working capital or non-acquisition and building improvement costs. How do I apply for a TIF Grant? Click here to download th
