In May of 2020, DiPerna Advisors acted as the Tax Increment Financing (“TIF”) Revenue Consultant for the sale of $29,480,000 non-rated, TIF Revenue Bonds.
DiPerna Advisors analyzed over 120 parcels to project the future TIF Service Payments to be generated from two TIF districts encompassing the majority of the Easton Town Center in Columbus, Ohio. The projections contemplated existing and future development with parcel uses including hospitality, retail, commercial, and for- rent apartments. Varying levels of tax abatement were also considered in the analysis.
The bond underwriter relied on the TIF Revenue Report in its marketing campaign to investors while the analysis in the TIF Revenue Report allowed investors to make a more informed investment decision.
DiPerna Advisors is able to leverage their advanced knowledge of TIF laws and regulations to provide the capital markets a reliable, third-party, source of information – aiding to the credibility of its TIF projections.