Tax Increment Finance Authority (Monroe North TIFA)

The Monroe North Tax Increment Financing Authority (TIFA) is a funding tool Downtown Grand Rapids Inc. administers to help catalyze public and private investment in the Monroe North neighborhood. Funds go to support real private property improvements, build streets and public infrastructure, as well as maintain and expand parks and other public amenities.

Established by the City Commission in 1985 under state law, the Monroe North TIFA's principal source of funding revenue generated by increasing property values within the MNTIFA district. City Commission annually approves the budget. A 9-member Board of Directors appointed by the Mayor with concurrence from the City Commission governs the Monroe North TIFA. The Board meets quarterly.

Board Members

  1. Shaun Biel, Chair

    Spectrum Health

  2. Mayor Rosalynn Bliss

    City of Grand Rapids

  3. Elianna Bootzin

    Neighbors of Belknap Lookout

  4. Diedre Deering

    West Michigan Literacy Center

  5. Kayem Dunn

    Organizational Development Consultant

  6. Jane Gietzen

    Spectrum Health

  7. Mark Roys

    WSB Properties LLC

  8. Jim Talen

    Kent County Commissioner

  9. Richard Winn

    AHC+ Hospitality

  10. James Baldwin

    James Baldwin Consulting

Upcoming Meeting Schedule

View Past Meetings
  1. Downtown Development Authority/Monroe North Tax Increment Finance Authority 2nd Informational Meeting DGRI Office (29 Pearl Street NW Suite 1 Grand Rapids, MI 49503)

Fiscal Year 2021 Budget

The Monroe North Tax Increment Finance Authority Board on April 8, 2020 recommended the TIFA's Fiscal Year 2021 budget for City Commission approval. The 2021 fiscal year runs from July 1, 2020 - June 30, 2021. The City Commission authorized the budget on April 28, 2020.

Fiscal Year 2022 Budget

The Board on May 12, 2021 adopted the TIFA's Fiscal Year 2022 budget. The City Commission approved the budget on May 11, 2012. The 2022 Fiscal Year runs from July 1, 2021 to June 30, 2022.

Financial Audits

All financial audits are conducted in accordance with generally accepted auditing standards in the United States of America.

Annual Report to State of Michigan

The format of this report is presented consistent with state reporting standards.

Freedom of Information

Michigan's Freedom of Information Act (FOIA) ensures public access to government records. Our FOIA Procedures and Guidelines describe the process and expectations for the public to submit formal requests information. If you seek something specific, give us a call. We will help you find it.