I wrote an earlier post that explains what TIF is and how it works. Click through and read it here. In any community, we put things we want in plans. We want good jobs for the people who live here. We want homes people can afford to rent and buy. We want polluted land cleaned […]
The recent Seward Commons debate highlighted an important discussion about how the city uses Tax Increment Financing, or TIF. It’s one of the few financial tools cities have and control fully. But it’s not broadly understood. So what is TIF and how does it work? What has Minneapolis used it for in the past? What […]
Creating a full-service Metro Go-To Card would benefit transit users and those without access to traditional banking services. It would also benefit the Met Council. There are examples of public institutions acting as lending agencies that provide great benefit to a range of people. The largest example of a public institution bank is the Bank of […]
The expanding list of transportation options makes our multi-modal system stronger. All of these services should be lauded for their efforts. There is one catch, however. Each transportation service requires a debit or credit card as a payment option. For the 16.7% of Minnesotans who are unbanked or underbanked, debit and credit cards are out […]