Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Tennessee |
Effected Jurisdiction: | City of Knoxville |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2019 |
Program name: | Knoxville Community Development Corporation |
Program purpose: | Affordable Housing |
Statutory authority: | Tennessee Code Annotated Section 7-53-101 |
Abating jurisdiction(s): | Knoxville |
Applicable taxes: | Property Tax |
Method of abatement: | Tax Increment Financing (TIF) |
Provisions for recapture: | (not specified) |
Gross revenue loss: | $2,334,178 |
Reimbursement / offset: | $0 |
Net revenue loss: | $2,334,178 |
Type of loss: | Active |
Additional notes on dislosure: | Includes 30 TIF agreements |