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DC Public and Public Charter Schools
Reply to "Why does every thread about Hill schools get so grumpy?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Center Leg Freeway project (no pun intended). SW Waterfront TIF. All the other TIFs all over the city. West End Library. Call Jack Evans' office, they can tell you.[/quote] A TIF means the developers are contributing to fund something. It is NOT a subsidy to developers. Similarly Center Leg Freeway will reconnect DC streets, and create park space, by allowing a developer to get new land. No cash subsidy to the developer, that I am aware of. PP posited subsidy to developers vs $ for hill schools. That implies to me actual cash to developers, in exchange for them building something. A few years back DC gave money for a supermarket in SW, I think and there is the long sage of Skyland in SE. But AFAICT there is nothing like that in recent years west of the Anacostia. [/quote] Giving taxes in a TIF over a base benchmark for decades to a developer isn't a giveaway? - DC's lenders think so. Tying down the assessed value of a property for years isn't a subdidy to a developer? We live in the 21st century - we don't do actual cah payments anymore. Let me know when you see your epiphany.[/quote]
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