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hi welcome to the Tiff illumination project my name is Tom treser Iamp;#39;m the co-founder of the Civic lab a space dedicated to Innovation collaboration and education for social justice and Civic engagement the Tiff illumination project is an unprecedented citizen driven effort to investigate and explain Chicagoamp;#39;s massive tax increment financing or Tiff program on a WBY word basis weamp;#39;ve done meetings all over the city but weamp;#39;ve decided to produce a series of videos and place them online free of charge so folks anywhere can get illuminated whenever they want this video was made possible by an Indiegogo crowdfunding campaign and over 50 donors gave generously to make this possible thank you so this video is Tiff 101 we want to break it down for you and explain what a tiff tax increment financing district is and how it works and why it matters weamp;#39;re going to have two distinguished experts lay out their point of views for you we have Professor Rachel Webe