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Addressing Blight and Vacancy on Main Street Summit 2024: Fighting Blight with TIF

Addressing Blight and Vacancy on Main Street Summit 2024: Fighting Blight with TIF

Presentation Summary

Tax Increment Financing (TIF) uses new/incremental real property tax revenue generated from new development and increased value to repay costs of the project or improvements to the TIF District.

In this presentation, Michael Andreana, Attorney, Pullman & Comley, will discuss the ways that TIF revenues can be used to fight blight, requirements for establishing a TIF district, and the basic components of a Master TIF District Plan.

Presentation Highlights


What is Tax Increment Financing?


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About Our Presenter

Michael J. Andreana

, Attorney at Pullman & Comley LLC

Contact Info

Website:

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CMSC Webinar Recap: Funding Main Street Management – 3 Models

CMSC Webinar

Webinar Summary

Sustainable funding for a main street management program is critical to achieve incremental progress in your downtown district. In this webinar, we’ll be covering three models to fund a main street management program: Business Improvement Districts (BIDs), 501(c)3 non-profit organizations, and tax incremental financing (TIF) districts.

Our three presenters will give a short overview of each type’s general structure and pros and cons to consider.

Presentation Highlights


Funding Model Comparisons

Click here to find a comparison of the different funding model types. 


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About Our Presenters

  • Jennifer E. Goldman

    Jennifer E Goldman LLC

  • Sandra Russo-Driska

    Coordinator of Middletown Downtown Business District

  • Michael J. Andreana

    , Attorney at Pullman & Comley LLC

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CMSC Webinar: CT Humanities Grant Funding for Main Street Projects

CMSC Webinar

CT Humanities Grant Funding for Main Street Projects

Webinar Summary

Are you looking for support for your public humanities projects on Main Street? Has your community started thinking how it will participate in the commemorations, celebrations, and reflections of the United States’ 250th anniversary? 

In this webinar, the CT Humanities Grant Team provides an overview of the grants they offer, what types of projects are eligible, the application process, as well as other resources available for our nation’s 250th anniversary.

What are the humanities?

“The humanities are fields of learning that help us understand and appreciate human history, culture, values, and beliefs.”

Initiatives that CT Humanities fund must fit into the definition of humanities. A initiative that is just focused on art without an opportunity for reflection, dialogue, or some sort of engagement would not qualify. A good example of a Main Street project that CT Humanities has funded is the Wethersfield Heritage Walk Expansion.


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Other Resources

About CT Humanities

Founded in 1974, Connecticut Humanities (CTH) is an independent, non-profit affiliate of the National Endowment for the Humanities. CTH connects people to the humanities through grants, partnerships, and collaborative programs. CTH projects, administration, and program development are supported by state and federal matching funds, community foundations, and gifts from private sources.

Contact Info

The first step to applying to CT Humanities for the first time is to email the grants team at grants@cthumanities.org to discuss your project. This is a required step.

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Jennifer E Goldman LLC

Jennifer E Goldman LLC

The Gold Standard in Nonprofit Consulting

Jenn helps nonprofit leaders learn new tools, set and achieve new goals, determine stronger methods of sustainability, and direct their organization onto a mission-driven path to success. She also helps facilitate difficult discussions between board members and staff, evaluate programs and events for effectiveness, and can help identify possible funding sources.

Services

Services include: Management consulting for strategic transformation. Mainly nonprofit organizations, especially Main Street programs and communities.

Visit their website

Contact

Jennifer E. Goldman, President
435 Lakeside Boulevard West
Waterbury, CT 06708
540.454.6511
Jennifer@Resonance.us

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O.3.1 Mission & Vision

O.3.1 Mission & Vision

Action

Update or create a written mission and vision statement with input from stakeholders.

Why

A mission and vision statement is critical to guide your district work to consistent, strategic progress.

Resources

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O.2.2.2 Board Representation – Constituencies

O.2.2.2 Board Representation – Constituencies

Action

Develop a board that is made up of individuals who represent different constituencies within your downtown district and the community at large.

Note: “Board” refers to a Board of Directors of a non-profit or other legal entity, an Advisory Board, Committee, or Commission. 

Why

Different constituencies bring unique perspectives that will enrich your Board’s leadership of the district.

How

Recruit board members from different industries. Here is a sample of constituencies that typically are downtown stakeholders:

  • Property Owners
  • Business Owners
  • Economic Development
  • Business Council
  • Housing Authority
  • Local Banks or Financial Institutions
  • Realtors
  • Planning & Zoning
  • Historic Organizations
  • Library
  • Civic Orgs
  • Faith-based
  • K-12 School System
  • College System
  • Parks and Recreation
  • Tourism
  • Arts & Culture Organizations

Resources

Search Downtown Resource Library

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O.1.2 Community Support

O.1.2 Community Support

Action

Build community buy-in and consensus on your district’s revitalization.

Why

District stakeholders must be aligned with a unified vision. If different stakeholder groups have different priorities or goals, the district will not progress forward.

How

Engage in consensus building activities so stakeholders are in agreement on the vision and direction of the district. Establish a culture of collaboration and regular communication.

Resources

Search Downtown Resource Library

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O.1.1 Municipal Support

O.1.1 Municipal Support

Action

Build municipal support for and investment in your district’s revitalization.

Why

Municipal support is crucial for a unified vision and support structure.

How

Municipal government should demonstrate an active commitment to the district via dedicated funding and/or dedicated personnel dedicated to the district. Every local context may vary depending on the community’s history and political environment. Building strong municipal support may take some time. Develop a strong case as to why district revitalization is important and the impact it makes. Be ready to share key talking points consistently with municipal leaders as frequently as possible. Keep leaders updated regularly with progress.

Resources

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O.9.3 Volunteer Recognition

O.9.3 Volunteer Recognition

Action

Established or strengthen volunteer recognition program(s).

Why

Volunteers offer their time and talents to an organization for many different reasons.  In most cases it is because they want to give back to their community.  Also, in most cases, they’re not looking for any type of public recognition but rather they derive their satisfaction in knowing that they contributed and made a difference.

In other cases, companies, businesses, and organizations commit volunteer support from their staff and employees as a way of supporting their community. 

In any event, it is important to recognize all volunteers for their efforts.

How

Volunteers should be recognized at least annually.  This can be done in a published annual report or with an annual volunteer recognition event.  In some cases, an annual Board meeting can be the mechanism to also recognize volunteers.  Board members themselves are volunteers as well but should also be aware of others who have made an impact to the organization throughout the year.

Resources

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O.9.2.1 Volunteer Individual Representation

O.9.2.1 Volunteer Individual Representation

Action

Improve the diversity of volunteers.

Why

Efforts to manage and revitalize downtown and main street district are done with a look towards the future and those that would utilize, live, work and enjoy it.  Thus, the volunteers that help the cause should be reflective of the community and would certainly have a desire to see their neighborhood and area of focus improved for future generations to experience.  As ambassadors for the organization, they can help shape the plans and direction.

How

The Board of Directors along with organizational staff should employ a recruiting process that includes inviting volunteers that are reflective of the community at large.

Resources

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P.O. Box 270, Hartford, CT 06141 | 860.280.2337