The Traverse City Downtown Development Authority is responsible for implementing the City Master Plan (called the City Plan) in Downtown. The DDA expands on the City Plan through two Development Plans. The TIF 97 Plan covers the main part of downtown including Front Street, and the Warehouse District. The TIF 2 Plan covers Old Town, River's Edge and Midtown.
The City is considering an amendment to the TIF 2 Plan that would allow for funding of the Grand Traverse History Center.
For an explanation of Tax Increment Financing and a history of the use of TIF in Traverse City, click here.
TIF 97 Plan