The Thornton Development Authority (TDA) was created by the city of Thornton as an urban renewal authority in 1981 to remove blight and promote the revitalization of Thornton. The TDA provides financial assistance through Tax Increment Financing (TIF) to spur redevelopment acitivites that would not otherwise occur and to promote economic vitality. Through the cooperative effort of property owners, developers, businesses and the city, the TDA can fund eligible improvements within a designated plan area that have public benefit and support the overall elimination of blight.
The TDA seeks to:
The TDA manages three URA plan areas. For further information, please visit the tabs for each listed on the left sidebar.