The Hadley Township community in Saint Louis County is another example of the devastation that Tax Increment Financing (TIF) and eminent domain abuse in Missouri can cause. Residents have been stuck in a state of uncertainly for years now as the city and various developers have planned to buy and/or take their homes for commercial development. That uncertainty has had a devastating impact on the neighborhood as some residents let their properties deteriorate (understandable in the situation) while others tried valiantly to maintain their homes and the historically African-American neighborhood they love. The Show-Me Institute sat down with residents to discuss the situation in Hadley Township in this series of videos.
Corporate Welfare
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By
Josh Smith
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Read Time 1 minute
About the Author
Josh Smith
Josh Smith Josh Smith began working as a research assistant at the Show-Me Institute in October 2008. In 2010, he received a bachelor of science degree in economics from the University of Missouri-St. Louis. Born and raised in Saint Louis County, Josh attained his associate's degree in mathematics from St. Louis Community College. First introduced to free-market economics circa 2002, Josh considers widespread economic freedom to be one of the most important goals for sound public policy. Josh now lives in South Saint Louis City.
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