TIF History & Plans
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 through Tax Icrement Financing. The TIF 97 Plan covers the main part of downtown including Front Street, and the Warehouse District. The Old Town TIF Plan covers Old Town, River's Edge and Midtown. The DDA utilizes TIF dollars to fund public improvement projects in the district. For example, the Old Town and Hardy Parking Garages, Pine Street Pedestrain Bridge, street trees, and more.
For an explanation of Tax Increment Financing and a history of the use of TIF in Traverse City, click here.
Strategic Plan & Work Plan
The DDA has developed a Strategic Plan (2017-2020) to guide the future of Downtnown Traverse City and establish performance goals that will guide the annual Work Plan. Learn more abou the Strategic Plan here. The annual Work Plan may be viewed here.