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 City Commission govern the Monroe North TIFA. The Board meets monthly on the second Wednesday.

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

    Independent

  6. Jane Gietzen

    Spectrum Health

  7. Carl D. Kelly

    Independent

  8. Mark Roys

    WSB Properties LLC

  9. Jim Talen

    Kent County Commissioner

  10. Richard Winn

    Amway Hotel Corporation

  11. James Baldwin

    James Baldwin Consulting

Upcoming Meeting Schedule

View Past Meetings
  1. Monroe North Tax Increment Finance Authority Board Meeting – Virtual Teams Meeting (instructions for participation included in agenda packet)

Announcements

Fiscal Year 2021 Budget Recommendation

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 is expected to consider authorizing the budget on April 28, 2020.

Fiscal Year 2020 Budget

The Grand Rapids City Commission on May 14, 2019 approved the TIFA's recommended budget. The TIFA Board adopted the FY2020 budget on August 14, 2019. The 2020 fiscal year runs from July 1, 2019 - June 30, 2020.

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.