TIF- Tax Increment Financing
Established in 2008, the Franklin County Tax Increment Financing (TIF) District provides public assistance to the Kibby Wind Power Project and created an economic development plan for Unorganized Townships (UTs) in Franklin County. As part of the economic development plan, a portion of the funds obtained from this district are put towards two funding programs: grants for projects in UTs and a revolving loan fund.
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Newly funded mountain bike trail in Wyman Township which connects to an extensive trail system in Carrabassett Valley.
FRANKLIN COUNTY UNORGANIZED TERRITORY ENTERPRISE
AND TAX INCREMENT FINANCING DISTRICT
2023 ROUND OF TIF SCHOLARSHIP APPLICATION PROCESS OPEN
Individuals that are located in the Unorganized Townships are encouraged to apply for educational funding. Applications for Letters of Intent are being accepted until April 15, 2023 and can be downloaded at www.greaterfranklin.org/resources. For further information please contact the TIF administrators at info@greaterfranklin.org
2023 ROUND OF TIF APPLICATION PROCESS OPEN
Organizations with projects that are located in the Unorganized Townships are encouraged to apply for funding. Applications for Letters of Intent are being accepted until April 15, 2023 and can be downloaded at www.greaterfranklin.org/resources. For further information please contact the TIF administrators at info@greaterfranklin.org.