The recently-passed tax bill that will provide double-digit relief for most Minnesota property owners will also have big implications for community development projects around the state. As property taxes go down, less money will be available for tax increment financing, a process through which cities divert property tax dollars into development projects. Certain Minnesota cities rely more heavily on tax increment financing, or TIF, than others. Steve Cramer, Executive Director of the Minneapolis Community Development Agency says the TIF change will have a major impact on Minneapolis re-development.