Business or Community Improvement Districts2023-04-01T21:59:00-04:00

About

A business improvement district (BID) is a special self-taxing district that collects revenue within its boundaries to pay for special public facilities, improvements, or services such as beautification, security, hospitality, marketing, public space management, and social services. A community improvement district (CID) is a form of BID that also provides infrastructure, planning, and management services. Another organization that similarly manages a geographical area is a Community Development Corporation (CDC). CDCs support small businesses in a neighborhood commercial corridor and often facilitate physical improvements, create connections among small businesses, provide access to local resources and programs, initiate marketing efforts, and engage the surrounding community.

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Strategies in Action

Lake Street Council – Minneapolis, MN

The Lake Street Council is located in the commercial corridor of Lake Street in Minneapolis. It supports local businesses by advocating for policies that ensure a stable business environment and by providing businesses with advice [...]

2023-05-21T21:36:44-04:00

University City District BID – Philadelphia, PA

The University City District BID in Philadelphia was founded in 1997 to improve economic vitality and quality of life in the University City neighborhood. The BID operates within a place-based, data-driven framework. It aims to [...]

2023-05-21T21:42:07-04:00

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