Red Line Extension Transit TIF

 

Designation: 2022 Expiration: 2058 

The Red Line Extension (RLE) Transit TIF is intended to support construction of a 5.6-mile extension of the CTA Red Line from 95th Street to a new terminal station near 130th Street on the Far South Side. Consisting of more than 1,440 acres, the district includes a 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. The RPA represents parcels that generate increment for the Transit TIF. Funds will be used for railway construction; four new CTA stations at 103rd Street, 111th Street, Michigan Avenue near 116th Street, and 130th Street; park and ride facilities; and a new CTA railcar storage yard and maintenance facility.

Redevelopment Plan (PDF)
Designation Ordinance (PDF)
Projection Report (Data Portal)

 

RLE