The Local Development Financing Authority (LDFA) was established per Pubic Act 281 of 1986 as a tax increment financing method to redevelop existing sites and spur growth specifically for manufacturing, agricultural processing, high tech and alternative energy.
Eligible Public Improvements
Eligible public improvements include:
Any utility line or pipeline or similar infrastructure improvements and related easements for the structure or improvement
Electric and gas
Facilities used to eliminate or prevent the spread of identified soil or groundwater contamination