Tax Increment Financing-TIF 101 with Xiao Ou Yuan

2023-03-15

Xiao Ou Yuan is the Managing Director of Hageman Capital, and manages the day-to-day operations, as well as leading all bond structuring and negotiations for the Hageman Capital portfolio. In today’s episode, Xiao will break down what Tax Increment Financing (TIF) is, and how it can help both developers and municipalities. “Some of the more TIF forward municipalities have been very successful in building these vibrant communities and vibrant downtown areas.” Timestamps: 0:01 What’s ...

Xiao Ou Yuan is the Managing Director of Hageman Capital, and manages the day-to-day operations, as well as leading all bond structuring and negotiations for the Hageman Capital portfolio. In today’s episode, Xiao will break down what Tax Increment Financing (TIF) is, and how it can help both developers and municipalities.

“Some of the more TIF forward municipalities have been very successful in building these vibrant communities and vibrant downtown areas.”

Timestamps:

0:01 What’s changing in the real estate market

0:59 Xiao’s introduction to tax increment financing and how it’s used to spur economic development.

6:16 How do you approach a city to get a TIF?

11:26 How did you get involved in this field?

13:56 What is a bond and how does it play into your forward capital stack?

19:28 How do you use a TIF to pay property taxes?

24:08 A real-world example of a multifamily deal.

29:27 What have you seen in the long-term when you’ve been involved in buying communities?

34:35 How do they work with developers?

39:05 How do you know how to proposition the city with a project?