Funds shall be made available based upon the scoring of the application and review by the committee. No grant monies will be given for projects where construction has already been started or completed. Details and application packet available upon request. TIF is an economic development project financing tool, created to help Wisconsin communities attract industrial and commercial growth in underdeveloped and blighted areas. A city or village can designate a specific area within its boundaries as a TIF district and develop a plan to improve its property values.
Taxes generated by the increased property values pay for land acquisition or needed public works.
The Village of North Fond du Lac combines small town living with access to big city amenities. Located just to the north of the City of Fond du Lac, the quiet village also is home to the largest railyard in Wisconsin. Recent community development includes a new 128-acre business park. Quality of life is high in this village, which boasts 25 acres of parkland, a community swimming pool and a newly constructed community center. The remaining acres will be for streets and storm water retention.