Our firm has significant experience in the formation of redevelopment districts utilizing Tax Increment Financing (TIF Districts).  We played a central role in the formation and development of two of Arkansas’s first TIF districts, in Jonesboro and North Little Rock.  Several of our attorneys are frequent lecturers to municipalities and civic groups regarding TIF Districts.  During the 2003 legislative session, we were instrumental in drafting Act 43, which was adopted to clarify the computation of the value of assessed property within TIF Districts.  During the 2005 legislative session, we spearheaded Act 2231, which contained many revisions to TIF law and revitalized TIF by incorporating many key changes and compromises.  We have assisted in TIF projects in Jonesboro, North Little Rock, Rogers, Paragould, and Sherwood.