City Distances Itself From Whole Foods Project As Developer Pursues TIF Funds
A city is distancing itself from a Whole Foods project, but has confirmed the developer is seeking Tax Increment Financing (TIF) funds for it.
Missoula, MT, October 6, 2026 — The city government has stated it is distancing itself from an ongoing Whole Foods project, while simultaneously confirming that the project’s developer is seeking Tax Increment Financing (TIF) funds. The specific nature of the city’s distancing was not detailed.
Details regarding the Whole Foods project itself, including its location, timeline, and the identity of the developer, were not provided in the available information. Similarly, the exact amount of Tax Increment Financing being sought by the developer, or the current status of that application, has not been disclosed.
Tax Increment Financing (TIF) is a public financing method that is used to redevelop and improve areas. It is often used to finance the construction of public facilities and infrastructure that are necessary to spur private development. Under a TIF program, the anticipated increase in property taxes resulting from new development is used to repay bonds sold to finance the initial development costs.
The reasons behind the city’s decision to distance itself from the project remain unclear. No further information was available regarding specific agreements, permits, or potential conflicts that might be associated with the Whole Foods development. The confirmation that the developer is actively pursuing TIF funds indicates that financial incentives are a key component of the project’s progression.
Further information on the city’s relationship with the project, the developer’s plans, and the outcome of the TIF funding application is anticipated.
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