Abstract

Tax increment financing (TIF) is a mechanism used by municipal governments throughout the United States to fund public and private urban development projects. This paper examines the trajectories of TIF in the state of California and the City of Chicago, where the expansion of TIF as a mechanism for publicly financed development is inextricable from disinvestments in social reproduction and the transformation of public funding for K-12 education. Taking seriously the divergent paths of TIF in each case, we argue that the framework of social reproduction helps expand the scope of TIF as a “policy in place,” bringing into view other path and place-dependent factors that shape the adaptation and implementation of public finance mechanisms. Bridging the literature on urban policy and feminist political economy, we suggest that scholars must investigate the place-specific entanglements of social reproduction and public finance if we are to understand how mechanisms such as TIF are adopted, expanded, or curtailed within the broader framework of neoliberal urban governance. In making such an intervention, we expand on calls to attend to the ways public finance can heighten or mitigate economic inequality.

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