Red Line Extension Transit TIF
Designation: 2022 Expiration: 2058 The Red Line Extension (RLE) Transit TIF is intended to support construction of a 5.6-mile extension of the CTA Red Line from 95th Street to a new terminal station near 130th Street on the Far South Side. Consisting of more than 1,440 acres, the district includes a Transit Facility Improvement Area (TFIA) and a Redevelopment Project Area (RPA). The TFIA boundary represents the area where revenues generated from the Transit TIF can be spent on a qualifying transit project. The RPA represents parcels that generate increment for the Transit TIF. Funds will be used for railway construction; four new CTA stations at 103rd Street, 111th Street, Michigan Avenue near 116th Street, and 130th Street; park and ride facilities; and a new CTA railcar storage yard and maintenance facility. Redevelopment Plan (PDF)
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