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2019 | 2018 | 2017
Memphis, TN Revenue Losses from Subsidy Programs
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Program Name | Program Type | Gross Revenue Loss | Reimbursement / offset | Net Revenue Loss | Type of Loss |
---|---|---|---|---|---|
Downtown Memphis Commission (PILOT Program administered by Center City Revenue Finance Corporation) | Commercial real estate development | $5,744,000 | $0 | $5,744,000 | Active |
Economic Development Growth Engine (EDGE) PILOT programs | Job creation | $9,212,000 | $0 | $9,212,000 | Active |
LCH (Health, Education & Housing Facility Board) | Affordable housing | $2,575,000 | $0 | $2,575,000 | Active |
TABULATED TOTAL | $17,531,000 | $0 | $17,531,000 |