OMAHA, Neb. (WOWT) – A group of Omaha neighbors is challenging how the city uses tax increment financing to fund new construction projects, calling the practice an unnecessary handout to developers.
The debate centers on projects including the Center Mall redevelopment and apartments planned at the Family Fare strip mall off Saddle Creek.
Neighbors say tax increment financing, or TIF, is being distributed in a way that only benefits developers and needs major reform…