Still as Moonlight: Why Tax Increment Financing Stalled in North Carolina

BY Adam C. Parker

This Comment argues that North Carolina’s TIF statute is infrequently used for multiple reasons, including its complexity, the availability of alternative financing forms, the constrictive nature of TIF’s statutory structure, and other ancillary factors such as a nationwide decrease in demand for municipal bonds and negative perceptions surrounding the Roanoke Rapids Theatre. This Comment further suggests revisions to the statute that could make TIF a more viable debt-financing instrument in the state.

DOWNLOAD PDF | 91 N.C. L. Rev.661 (2013)