Red Line Extension (RLE) TIF

The City of Chicago is proposing to designate a Transit TIF to fund a portion of the CTA's Red Line Extension (RLE) Project on the Far South Side.

The 5.6-mile route is planned to include four new stations near 103rd Street, 111th Street, Michigan Avenue, and 130th Street. Each station will include bus, bike, pedestrian, and park and ride facilities to support their roles as economic anchors and transit nodes for adjacent neighborhoods.

Individuals interested in receiving updates about the TIF designation process can download and return the Interested Parties form below.

The proposed Transit TIF district for the RLE includes Transit Facility Improvement Area (TFIA) and a Redevelopment Project Area (RPA).

The TFIA boundary represents the area where revenues generated from the Transit TIF can be spent on a qualifying transit project. For the RLE TFIA, the funds can only be spent on the Red Line Extension.

The RPA is located within the TFIA. It represents parcels that generate increment for the Transit TIF. Existing TIF Districts are excluded from the RPA. The RPA boundary is subject to change before City Council approval.

 

 

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