Expertise · Proposal & Pricing

TIF bond proposals and pricing

Hageman Capital works through the municipal requirements and converts TIF bonds into capital at construction loan closing. Proposals are built to the maturity of an existing incentive, or around a new single-site TIF structured to the project's location and legal framework.

Risk in a developer-backed structure
Project Shot · Development

Expert Guidance

Risk in a developer-backed structure

Hageman Capital provides the financial analysis, municipal coordination, and legal work that determine a bond's value — reducing the risk carried in a developer-backed structure and increasing the proceeds it produces.

  • Outright purchase of TIF and incentive bonds at competitive valuations
  • Flexible structuring across the capital stack, from senior to gap funding
  • Decisive diligence — most valuations returned within days, funded in weeks
  • Discretion and continuity from first call through closing
Our expertise

Rate Lock

Forward rate lock, ahead of funding.

A forward rate lock fixes the bond's purchase price and rate ahead of funding, so the capital stack can be underwritten with certainty while Treasury yields move.

Bond structure drives proceeds and returns
Team · Planning

Bond Structure

Bond structure drives proceeds and returns

How an incentive is structured determines the proceeds it generates. Hageman Capital advises on negotiating and creating new single-site TIFs, works within the legal framework of the underlying agreements, and structures and closes the bonds with the municipality alongside the project's pro-forma.

  • Outright purchase of TIF and incentive bonds at competitive valuations
  • Flexible structuring across the capital stack, from senior to gap funding
  • Decisive diligence — most valuations returned within days, funded in weeks
  • Discretion and continuity from first call through closing
Bond structuring process
State and local guidance with Hageman Capital
Project Shot · District

State & Local

State and local guidance with Hageman Capital

Each state has its own guidelines and statutes for the creation and use of TIF funds, and each municipality applies its own “but for” standard. Aligning a commercial real estate project to those local requirements can materially change TIF proceeds and project-level returns.

  • Outright purchase of TIF and incentive bonds at competitive valuations
  • Flexible structuring across the capital stack, from senior to gap funding
  • Decisive diligence — most valuations returned within days, funded in weeks
  • Discretion and continuity from first call through closing
Tax Increment Financing: a municipal development tool
Project Shot · Civic

A Municipal Development Tool

Tax Increment Financing: a municipal development tool

A TIF bond directs the future tax increase from a completed development to the bondholder, while the development itself delivers jobs, higher property values, and broader economic benefit to the community. Converting the bond to upfront capital covers construction costs, satisfies municipal requirements, and closes the equity gap.

  • Outright purchase of TIF and incentive bonds at competitive valuations
  • Flexible structuring across the capital stack, from senior to gap funding
  • Decisive diligence — most valuations returned within days, funded in weeks
  • Discretion and continuity from first call through closing
Learn more about TIF

Upfront Capital for TIF

Indicative proceeds, at no cost.

Hageman Capital's proceeds calculator returns a projected range for a TIF bond's current market value from the development's incentive details.