재정비촉진사업에서의 재원조달기법에 관한 소고

Applying Tax Increment Financing and ABS to Urban Renewal Project

TIF(Tax Increment Financing) has been extensively used a useful tool to revitalize urban renewal project. There are several researches concerning TIF and they focus on two aspects. The f irst one i s estimating revenes after the adoption of TIF. The Second one is usually to handle institutional f indings in adopting TIF. Prior researches has not much considerations about relistic problems like boundary of TID(Tax Increment District), t he s cope o f taxes that u sed in T IF, other issues l ike regional d evelopment. Our research explores to introduce two financing tools as urban renewal project. Similar to prior researches TIF have a limited effect as a financing urban renewal project. Instead of TIF, standard alone trust can be a more stable tool in financign redevelopment project. Because of our tax system, TIF have a limited effect as a financing tool. Compared with TIF, ABS(Asset Backed Securities) can be issued on tax revenues and apartment sales revenues so it can be a more stable method finaincing in urban renewal project.