NAIOP Wisconsin: Statement by NAIOP CEO Jim Villa, CAE on Governor Ever’s budget proposal changes to tax incremental financing

Jim Villa, CAE; jim@naiop-wi.org

“The Governor’s budget would undo years of bipartisan work to create the most important, and really the only tool Wisconsin municipalities have to spur economic development and create jobs The changes to Tax Incremental Financing (TIF) will have serious negative consequences on real estate and economic development in Wisconsin.”

NAIOP Wisconsin is a Chapter of NAIOP, the Commercial Real Estate Development Association. Founded in 1967, NAIOP has become the leading organization for developers, owners, and investors of office, industrial, retail, multi-family, and mixed-use real estate. NAIOP represents nearly 20,000 members and provides strong public policy advocacy, education, and business opportunities through a powerful North American network.

NAIOP Wisconsin was chartered in 2003 by industry leaders and today represents nearly 400 individual members working at more than 150 businesses across Wisconsin. In February of 2019, NAIOP named NAIOP Wisconsin the Chapter of the Year, and CEO Jim Villa, CAE, Executive of the Year.

For more information, visit www.NAIOP-WI.org.

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