Tax Increment Financing (TIF)

Resources

The Village of Lombard has 4 separate TIF Districts (maps below):

Annual TIF Reports: Fiscal Year Beginning January 1, 2021 and Ending December 31, 2021

Downtown Lombard TIF

Lombard St. Charles Rd West (TIF 1 West)

Lombard St. Charles Rd East (TIF 2 East)

Butterfield Yorktown TIF


Butterfield Yorktown TIF

The Village approved a new tax increment financing (TIF) district on November 2, 2017, the Butterfield Yorktown TIF.  Below are some useful resources and more information on the project.

  • Map
  • Memo to Village Board from April 6, 2017
  • Powerpoint to Joint Review Board from August 11, 2017
  • Public Hearing held September 21, 2017
  • Redevelopment Plan (announced at the June 15, 2017 Village Board meeting, updated October 6, 2017)

2020 Amendment

•    Second Amendment to TIF Plan 

Questions?  Email communitydevelopment@villageoflombard.org