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Pooling• The legal authority for cities to use/spend up to 25%of TIF collected outsidethe TIF District boundariesHas to be spent in the project area (City boundary)25%includes admin so if City/HRA uses 10%, then you only have 15%to pool outside• Dollars have to be used for purpose of the “pooling” districtRedevelopment purposes from redevelopment districts (blight removal)Housing for affordable housing• Rental = 20% of units affordable at 50% AMI or 40% of units affordable at 60% AMI• For Sale = 2 or less members at 100% of AMI or 3 or more members at 115% AMI• Has to be used for capital costs• Land/building acquisition (land bank or write down)• Rehabilitation•Can’t be used as annual rent subsidy15