St Joseph County Weighs TIF District Expansion for Microsoft Data Center

St. Joseph County leaders are weighing a proposal to expand a Tax Increment Financing (TIF) district to include the Microsoft Data Center in Granger, Indiana.

A TIF is a financing mechanism that allows local governments to use property tax revenue generated by new development within a designated area to fund infrastructure and other improvements.

According to Jeff Rea, President & CEO of the South Bend Regional Chamber of Commerce, 'You keep reinvesting that area and it generates more growth there.'

The proposal would allow the county to borrow up to $4 million through a TIF bond to help pay for infrastructure improvements in the district.