Unique TIF/ADZ Masterclass announced

Published: 2009-07-10 15:08:35

The first one-day SocInvest Masterclass, "Preparing for Tax Increment Financing through Accelerated Development Zones", takes place in London on October 15, 2009.

The SocInvest Masterclass series features leading experts offering unique specialist insights into the most topical issues in regeneration finance.

Tax Increment Financing is being scrutinised by government for possible approval this autumn. If taken forward, it will revolutionise regeneration finance.

At a time of funding drought, can you afford not to know about this option?

At the masterclass the architects of UK proposals for TIF and ADZs reveal their unique specialist knowledge together for the first time, including:

• Chris Murray, director, Core Cities
• Peter Cosmetatos, director of finance and investment, British Property Federation
• Stuart Howie, director, PwC Advisory
• Philip Feder, partner and chairman of Global Real Estate Department, Paul, Hastings, Janofsky & Walker (Europe) LLP

Plus local authorities that have pioneered ADZs:

• Colin Ross, head of regeneration, Barnet Council
• Simon Murphy, city region project director, Birmingham City Region

Questions they will answer include:

• How does tax increment financing enable infrastructure funding?
• What are the TIF-based funding sources?
• What are the risks of TIF?
• What is involved in planning for an ADZ?
• What are the likely project qualifications for ADZ status?
• What recommendations are being considered for the UK?
• What support is there from the main political parties?
• What are the prospects and possible timescales of the UK adopting this form of funding?
• How do UK ADZs differ from US TIF projects and what lessons have been learnt in the US?

For more information click here.

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