Author Question: A/An _____ plan enables a city to pay off bonds for a development project by reserving the increased ... (Read 14 times)

CORALGRILL2014 · **on:** Jul 9, 2018

A/An _____ plan enables a city to pay off bonds for a development project by reserving the increased property taxes from the project to pay off the bonds issued to start the project.

A. general obligation bond
B. tax increment financing bond
C. industrial development revenue bond
D. urban enterprise zone

Question 2

In part because of concern over the effectiveness of development projects supported by federal tax subsidies, Congress in 1986:

A. put restrictions on the use of IRDBs.
B. expanded the use of CDBGs.
C. eliminated UDAGs.
D. prohibited tax increment financing.