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FINANCIAL PLANNING ANALYST - EXCLD (Economic Development)
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- FINANCIAL PLANNING ANALYST-EXCLD (Economic Development)
- Under direction, performs financial analysis, monitoring, and compliance for the City's economic development incentives, including Tax Increment Financing (TIF), Neighborhood Opportunity Fund (NOF), property tax abatement projects, and new project development.
- This may include underwriting financial data, preparing amortization schedules, and calculating promissory note payments, monitoring project-specific or district-level metrics, performance, and ensuring accountability with redevelopment agreements (RDA), and managing associated community engagement and legislative processes.
- Negotiates redevelopment agreements detailing the terms of the project, including the financing mechanism for the City's payment of eligible costs
- Reviews requests for the payment of City funds, performs payment calculations, analyzes Cook County PIN data, and confirms compliance with existing redevelopment agreement terms and conditions
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