Tax Increment Financing in Maine has long been used to support commercial and industrial development, as well as affordable housing and residential market rate rental projects through state financing programs.
Still, Maine’s TIF policy and practices still contain limitations, which can create additional project costs contributing to increased housing costs, or leave some projects behind completely.
How should Maine’s approach to TIFs evolve?
We’re asking everyone in our network to fill out this quick survey to inform this and future discussions. If there’s some common interests, that align with Build Maine’s charter and values, maybe we can work together on some solutions.
At Build Maine 2026, Jim Damicis of Camoin Associates and Alyssa Tibbetts of Tibbetts Law packed a room of municipal and development leaders to discuss our TIF regime. The speakers and participants shared policies and mechanisms from other states that may be useful in Maine.
Tomorrow, October 22nd at 1pm, Build Maine will bring back Jim and Alyssa to discuss how to strengthen our TIF policy, based on their experience, your input at Build Maine 2026, and your anonymous contributions to this form. They’ll be joined for the discussion by experienced municipal and development leaders from the Build Maine community. We will also collectively consider whether there’s a policy recommendation we can make to the state legislature, which reconvenes this winter.