South Campus TIDD

The tax-increment district, called a Tax Increment Development District “TIDD”, is an endeavor between Lobo Development and the City of Albuquerque to create a district for UNM South Campus. The district means that a portion of gross receipts and property taxes generated from future commercial development will be used to fund public improvements necessary to support such development, like streets, drainage, water& sewer lines, as well as transit improvements, trails and recreation facilities.