Tools for Financing Community and Economic Development: Case Studies State College, PA May 30, 2009

CASE STUDY 1: Old Shopping Center Traditional Financing of Public Improvements Tax Incentive for Private Improvements Tax Increment Financing of Public Improvements “Full-Scale” Redevelopment Project

CASE STUDY 2: Downtown Hotel Tax Increment Financing of Private Improvements Infrastructure and Facilities Improvement Program (IFIP) Parking Facilities Financing

CASE STUDY 3: New Research Company Tax-Exempt Industrial Development Authority Financing Neighborhood Improvement District Financing Tax Incentive for Private Improvements (LERTA) Traditional Financing of Public Improvements Tax Increment Financing of Public Improvements Tax Increment Financing of Private Improvements

CASE STUDY 4: Neighborhood Improvements Neighborhood Improvement District Financing