Tax Increment Finance (TIF) District 1

Las Colinas, Irving, Texas
TIF  – An Innovative Commitment for a Dynamic Urban Community

The City of Irving, the Irving ISD, the Carrollton Farmers Branch ISD, and the Dallas County Community College District created the first Tax Increment Financing (TIF) District in the city's history within the Las Colinas development.

The mission of Irving's Tax Increment Reinvestment Zone No. 1 (TIF District) is to enhance the tax base of the city; preserve the value of the exiting developments; and, promote new development through the use of available financial, marketing and capital infrastructure development and land planning tools within a comprehensive and coordinated strategy of public and private efforts.

To find out more about how the Irving TIF District is creating exciting new development opportunities in Las Colinas, please contact the Greater Irving-Las Colinas Chamber of Commerce - Economic Development Division, (214) 217-8484. We'll be delighted to schedule a face-to-face meeting or provide any additional information you or your associates may need about becoming a part of the Las Colinas vision of excellence.
Project and Finance Plans
The TIF District Project and Finance Plans are the foundation for the capital improvements within the district. The Project plan lists and describes each plan project along with it associated costs. The Finance Plan documents the means for paying for the improvements and how the money will be accumulated and allocated over the lifetime of TIF.