Structuring Your TIF: What It Means for Nebraska and Mayors

For Nebraska mayors championing TIF-supported development, the ultimate goal is a completed project that grows the tax base while protecting the CRA and the city. Whether the TIF Bond is structured so a capital provider like Hageman Capital can purchase it determines whether the developer gets upfront capital and the project moves forward efficiently.

What Makes a Nebraska TIF Bond Purchasable

Hageman Capital purchases developer-backed TIF Bonds that are issued by the CRA to the developer, backed by a strong redevelopment contract with developer guarantees, and supported by conservative ad valorem increment projections showing adequate debt service coverage. The developer must have the financial capacity to support the guarantee, and the blight declaration, redevelopment plan, and cost-benefit analysis must all be complete and legally sound. Under proposed LB 1168, conduit revenue bonds with taxpayer agreements would provide even stronger statutory authority for this structure.

Your Role in Getting It Right

You will not draft bond documents — your CRA, financial advisors, and bond counsel handle the technical work. Your role is to ensure the CRA is active and prepared, the blight study is thorough, the governing body approves the plan after a genuine cost-benefit analysis, and the July 1 filing deadline is met. When Hageman Capital is identified early as the capital provider, it gives the developer certainty and the governing body confidence that the deal has been vetted by professionals.

The Outcome

When structured correctly: the developer sells the bond to Hageman Capital and receives upfront cash, the CRA’s broader obligations are protected, the project gets built, and the tax base grows. When the 15-to-20-year TIF period ends, all revenue flows permanently to every taxing body at the new, higher assessed value.

Hageman Capital helps Nebraska mayors ensure their TIF projects achieve this outcome — at no cost. Connect with Whitney Peterson to get the structure right.