Lena, IL · Stephenson County
TIF Assistance Application
The Village of Lena TIF Assistance Application is for property owners or tenants seeking Village assistance for a development project.
What this form is
The application lets a property owner or tenant request Village assistance through Tax Increment Financing for a development project. The Village policy says applications must be made before property acquisition or, if the developer already owns the property, before construction begins. Applicants provide project details, schedule, requested assistance, estimated costs, financing status, and expected employment or local tax effects.
Who needs it
A property owner or tenant seeking Village of Lena TIF assistance for a development project should complete this application.
How to submit it
Submit the application to the Village Clerk; the document says additional information may be requested after review, and the Committee may request the developer’s attendance.
About notarization
This application is signed and dated by the applicant without a notary; it identifies no attachment or related step that must be sworn or notarized.
How to submit this form
- 1
Download The Application
Download the Village of Lena TIF Assistance Application PDF.
- 2
Complete The Application
Provide applicant and project details, schedule, requested assistance, estimated project cost, financing status, and expected employment or local tax effects.
- 3
Gather Additional Information
The Village may request additional information after reviewing the application.
- 4
Submit To The Village Clerk
Submit the completed application to the Village Clerk.
Frequently asked questions
- Who can apply for TIF assistance in Lena?
- The application asks for the applicant’s name and address and whether the applicant is a tenant or owner. It is for a development project in the Village.
- When must I apply for TIF assistance?
- The Village policy says to apply before acquiring the property or, if the developer already owns it, before construction begins.
- How do I submit the TIF Assistance Application?
- Submit the application to the Village Clerk. The document says the Village may request additional information after review, and the Committee may ask the developer to attend.
- Do I need a notary for this application?
- No. The applicant signs and dates this application without a notary. The document identifies no attachment or related step that must be sworn or notarized.