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. Diedre Deering

    West Michigan Literacy Center

  4. Kayem Dunn

    Organizational Development Consultant

  5. Jim Talen

    Kent County Commissioner

  6. Richard A. Winn

    AHC Hospitality

  7. James Baldwin

    James Baldwin Consulting

Upcoming Meeting Schedule

View Past Meetings
  1. Monroe North Tax Increment Finance Authority Board Meeting – Downtown Grand Rapids, Inc (29 Pearl St NW Suite 1, Grand Rapids MI 49503)
  2. Downtown Development Authority/Monroe North Tax Increment Finance Authority 2nd Informational Meeting – Downtown Grand Rapids, Inc (29 Pearl St NW Suite 1, Grand Rapids MI 49503)
  3. Monroe North Tax Increment Finance Authority Board Meeting – Downtown Grand Rapids, Inc (29 Pearl St NW Suite 1, Grand Rapids MI 49503)

Fiscal Year 2023 Budget, As Proposed

The MN TIFA Board on April 13, 2022 recommended its Fiscal Year 2023 Budget to City Commission, which approved the proposal on May 10, 2022. The MN TIFA will consider adoption of the FY23 budget on June 8, 2022. The 2023 Fiscal Year runs from July 1, 2022 to June 30, 2023.

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.