About Midtown TIF Assistance Incentive Program
“I’ve been trying to locate a store in Bozeman for 5 years,
and I’ve always wanted to be on N. 7th Avenue.
This grant helps a lot.”
-Hilliard Thornton, Aaron’s Owner
The primary objective of the TIF assistance program is to encourage investment in development and redevelopment of commercial and mixed use property within the District in accordance with the provisions of the Montana Urban Renewal Law (7-15-4209, 7-15-4233, and 7-15-4288, M.C.A.). Additional District objectives are to:
- Encourage private investment in commercial property in the District through the use of public incentives;
- Expand the property tax base in the District through private investment in income producing properties;
- Stimulate economic and business development within the District; and
- Reduce blighting influences in the District
The grants are awarded at the discretion of the Board as authorized by the Bozeman City Commission, based upon review of the Applicant’s compliance with program objectives, eligibility requirements, and eligible construction activities. The Program is authorized by City Commission Resolution 4770, as amended January 23, 2017.