Usefulness of tax increment financing for the provision of affordable housing in neighbourhoods redevelopment planning
Bibliographic record
Abstract
ln the wake of climinishing support for social housing and an ever increasing demancl for suburban living with improved transit services, inner City neighbourhoods have been cleclining in Winnipeg.In an effbll to revitalize inner city neighbourhoods and create clemand for housing, the City of Winnipeg and theProvince of Manitoba are investing in the rehabilitation of inner city neighbourhoods.West Broaclway is one such neighbourhoods, where location creates a higher demand for new smaller households and existing types of housing can supply a part of the accommodation in the future through construction, alterations and renovations of old houses.Recently, provision has been created for the use of Tax Increment Financing (TIF) for community development financing, which can be made available for financially unfeasible renovation, alteration, maintenance and reconstruction for the purpose o{' revitalization of the area. The practicum explores the feasibility of establishing a TIF for West Broadtvay It investigatesthe financial feasibility of return of the renovation investments in the form of propefty taxes to the City and to the Province from West Broadway neighbourhood.The study reveals that the returns in the form of incremental education and municipal taxes from 2000 to 2009 are not feasitrle against investments made from 2000 to 2005; however, a 'IIF project life of at least fifteen years is feasible.The financial feasibility, albeit depends on certain conditions.Based on the stucly, some conclusions were drarvn and reconrmendations for the adoption of a TIF for the West Broadrvay are macle for instituting a self financed TIF district for the West Broadway neighbourhood vll 4 Plan Winnipeg2020 Vision, Policy lC-01 iv Flowever, some researchers suggest that under certain conditions TIF can secure provision of affordable housing in neighbourhood redevelopment'In the era of declining federal involvement, municipalities are assuming an increasing role in neighbourhood redevelopment through the improvement of housing but reluctant to allocate financial responsibility.'Iax Incrernent F'inancing empowers a municipality by financing redevelopment projects from incremental property tax.The redevelopment financing method can be used for the economically unfeasi ble bl i ghted nei ghbourhoods.T'lF empowers a municipality to give financial assistance to developers, and to grant loans or tax credits for improvement to homeowners in the area.It can also be used by the City to develop facilities or services that are seen as necessary.A redevelopment plan with TIF raises confidence in the neighbourhood, which attracts investment and promotes economically feasible redevelopment.Extensive support for selected houses, neighbourhood planning and improvement of infrastructure raises the value of all properties in the area.The enhanced property price eventually changes non-profit and subsidized neighbourhood redevelopment housing service to forprofit real estate business.The TIF mechanism pays for the development projects removes blight from the neighbourhood and expands tax base of the city.The inner city redevelopment policy of Winnipeg was adopted to improve housing as a strategy to promote development of the bighted neighbourhoods (City of Winnipeg, 2000)s.Winnipeg's housing policy implementation has divided the inner city redevelopment areas into housing improvement zones.Major improvement areas are the most significantly declined residential neighbourhoods.
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.003 | 0.012 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.001 | 0.001 |
| Science and technology studies | 0.001 | 0.001 |
| Scholarly communication | 0.004 | 0.001 |
| Open science | 0.001 | 0.002 |
| Research integrity | 0.001 | 0.001 |
| Insufficient payload (model declined to judge) | 0.005 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".