Tennessee
TN
City of Memphis
Municipality
2017
Health, Housing and Education Facilities Board Tax Abatements
Affordable Housing
Tennessee Code Annotated Section 48-101-301
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$1,934,000
$0
$1,934,000
(none)
13063
Tennessee
TN
City of Memphis
Municipality
2017
University District: Highland Strip
General Economic Development
Tennessee Code Annotated Section 7-53-312 , Tennessee Code Annotated Section 7-53-101, Tennessee Code Annotated Section 9-23-108
Economic development Growth Engine Industrial Development Board of the City of Memphis and County of Shelby, Tennessee (EDGE)
Real and Personal Property Tax
Tax Increment Financing (TIF)
(no provisions for recapture)
$82,000
$0
$82,000
Programs Administered by Economic Development Growth Engine (EDGE). In addition to the TIF projects listed above, the City has three additional TIF programs administered by EDGE. The funds for these additional TIF programs are retained by the City in the Community Redevelopment fund to be used in accordance with the TIF agreement.
13064
Tennessee
TN
City of Memphis
Municipality
2017
Various PILOTS: Administered by Economic Development Growth Engine (Industrial Development Board)
General Economic Development
Tennessee Code Annotated Section 7-53-101
Economic development Growth Engine Industrial Development Board of the City of Memphis and County of Shelby, Tennessee (EDGE)
Real and Personal Property Tax
Reduction in assessed value
(no provisions for recapture)
$7,212,000
$0
$7,212,000
Programs Administered by Economic Development Growth Engine (Industrial Development Board); Includes Community Builder PILOT, Destination Retail PILOT, Expansion PILOT, Fast Trak PILOT, Jobs PILOT, and Residential PILOT
13065
Tennessee
TN
City of Memphis
Municipality
2017
Downtown Memphis Commission: PILOT
Real estate development (commercial)
Tennessee Code Annotated Section 7-53-102
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$2,374,000
$0
$2,374,000
The City through the Economic Development Growth Engine (EDGE), Downtown Memphis Commission, both jointly governed organization with Shelby County, and Health Education & Housing Facility Board, a public corporation, offers Payment in Lieu of Tax (PILOT) incentive programs
13066
Tennessee
TN
City of Memphis
Municipality
2017
Graceland PILOT
Redevelopment; Tourism
Tennessee Code Annotated Section 7-53-312 , Tennessee Code Annotated Section 7-53-101, Tennessee Code Annotated Section 9-23-108
Economic development Growth Engine Industrial Development Board of the City of Memphis and County of Shelby, Tennessee (EDGE)
Real and Personal Property Tax
Tax Increment Financing (TIF)
(no provisions for recapture)
$63,000
$0
$63,000
Programs Administered by Economic Development Growth Engine (EDGE). In addition to the TIF projects listed above, the City has three additional TIF programs administered by EDGE. The funds for these additional TIF programs are retained by the City in the Community Redevelopment fund to be used in accordance with the TIF agreement.
13067
Tennessee
TN
City of Memphis
Municipality
2018
Health, Housing and Education Facilities Board Tax Abatements
Affordable Housing
Tennessee Code Annotated Section 48-101-301
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$2,557,000
$0
$2,557,000
(none)
13093
Tennessee
TN
City of Memphis
Municipality
2018
Various PILOTS: Administered by Economic Development Growth Engine (Industrial Development Board)
General Economic Development
Tennessee Code Annotated Section 7-53-101
Economic development Growth Engine Industrial Development Board of the City of Memphis and County of Shelby, Tennessee (EDGE)
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$10,237,000
$0
$10,237,000
Programs Administered by Economic Development Growth Engine (Industrial Development Board); Includes Community Builder PILOT, Destination Retail PILOT, Expansion PILOT, Fast Trak PILOT, Jobs PILOT, and Residential PILOT
13094
Tennessee
TN
City of Memphis
Municipality
2018
Downtown Memphis Commission: PILOT
Real estate development (commercial)
Tennessee Code Annotated Section 7-53-102
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$3,949,000
$0
$3,949,000
(none)
13095
Tennessee
TN
City of Memphis
Municipality
2019
Health, Housing and Education Facilities Board Tax Abatements
Affordable Housing
Tennessee Code Annotated Section 48-101-301
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$2,575,000
$0
$2,575,000
(none)
13121
Tennessee
TN
City of Memphis
Municipality
2019
Various PILOTS: Administered by Economic Development Growth Engine (Industrial Development Board)
Job Creation/Retention
Tennessee Code Annotated Section 7-53-101
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$9,212,000
$0
$9,212,000
(none)
13122
Tennessee
TN
City of Memphis
Municipality
2019
Downtown Memphis Commission: PILOT
Real estate development (commercial)
Tennessee Code Annotated Section 7-53-102
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$5,744,000
$0
$5,744,000
(none)
13123
Tennessee
TN
City of Memphis
Municipality
2020
Health, Housing and Education Facilities Board Tax Abatements
Affordable Housing
Tennessee Code Annotated Section 48-101-301
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$3,491,000
$0
$3,491,000
(none)
13150
Tennessee
TN
City of Memphis
Municipality
2020
Various PILOTS: Administered by Economic Development Growth Engine (Industrial Development Board)
General Economic Development
Tennessee Code Annotated Section 7-53-101
Economic development Growth Engine Industrial Development Board of the City of Memphis and County of Shelby, Tennessee (EDGE)
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$9,710,000
$0
$9,710,000
Programs Administered by Economic Development Growth Engine (Industrial Development Board); Includes Community Builder PILOT, Destination Retail PILOT, Expansion PILOT, Fast Trak PILOT, Jobs PILOT, and Residential PILOT
13151
Tennessee
TN
City of Memphis
Municipality
2020
Downtown Memphis Commission: PILOT
Real estate development
Tennessee Code Annotated Section 7-53-102
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$3,708,000
$0
$3,708,000
(none)
13152
Tennessee
TN
City of Memphis
Municipality
2021
Health, Housing and Education Facilities Board Tax Abatements
Affordable Housing
Tennessee Code Annotated Section 48-101-301
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$4,222,000
$0
$4,222,000
(none)
13180
Tennessee
TN
City of Memphis
Municipality
2021
Various PILOTS: Administered by Economic Development Growth Engine (Industrial Development Board)
General Economic Development
Tennessee Code Annotated Section 7-53-101
Economic development Growth Engine Industrial Development Board of the City of Memphis and County of Shelby, Tennessee (EDGE)
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$6,084,000
$0
$6,084,000
Programs Administered by Economic Development Growth Engine (Industrial Development Board); Includes Community Builder PILOT, Destination Retail PILOT, Expansion PILOT, Fast Trak PILOT, Jobs PILOT, and Residential PILOT
13181
Tennessee
TN
City of Memphis
Municipality
2021
Downtown Memphis Commission: PILOT
Real estate development
Tennessee Code Annotated Section 7-53-102
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$8,470,000
$0
$8,470,000
(none)
13182
Tennessee
TN
City of Memphis
Municipality
2022
Various PILOTS: Administered by Economic Development Growth Engine (Industrial Development Board)
General Economic Development
Tennessee Code Annotated Section 7-53-101
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$13,040,000
$0
$13,040,000
Programs Administered by Economic Development Growth Engine (Industrial Development Board); Includes Community Builder PILOT, Destination Retail PILOT, Expansion PILOT, Fast Trak PILOT, Jobs PILOT, and Residential PILOT)
https://www.memphistn.gov/finance-files/#99-110-wpfd-annual-comprehensive-financial-reports
13209
Tennessee
TN
City of Memphis
Municipality
2022
Downtown Memphis Commission: PILOT
Real estate development
Tennessee Code Annotated Section 7-53-102
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$6,066,000
$0
$6,066,000
(none)
https://www.memphistn.gov/finance-files/#99-110-wpfd-annual-comprehensive-financial-reports
13210
Tennessee
TN
City of Memphis
Municipality
2022
Health, Housing and Education Facilities Board Tax Abatements
Affordable Housing
Tennessee Code Annotated Section 48-101-301
City of Memphis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(no provisions for recapture)
$4,210,000
$0
$4,210,000
(none)
https://www.memphistn.gov/finance-files/#99-110-wpfd-annual-comprehensive-financial-reports
13211
20