City of Memphis - PILOT Program
The City of Memphis' Payment-in-lieu-of-taxes (PILOT) program offers longer tax abatement periods (15 years) for projects involving new construction or significant renovations that achieve LEED or Net Zero Certification. In order to qualify, projects must be located in Memphis Central Business Improvement District. Projects must meet three of the following criteria:
- Project includes the redevelopment of a property certified as blighted by DMC staff
- Project includes the adaptive reuse of an existing building
- Project will Infill a vacant lot or surface parking lot in the Downtown Core (must be condition prior to
acquisition) - Project includes the renovation of a contributing
- Read more about City of Memphis - PILOT Program
- Log in or register to post comments