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In some circumstances, the city may provide additional assistance to companies relocating or expanding within Davidson County.

Payment in Lieu of Taxes (PILOT)

Projects involving a large capital investment and large numbers of new jobs may qualify for a property tax freeze or reduction (property in lieu of tax agreement) in some of the counties of the 10-county Nashville Economic Market. These requests are considered on a case-by-case basis by city and county officials and are based on an analysis of job creation, economic impact, capital investment and wage rates. For more information contact Matt Wiltshire.

Cash Grants

In some cases, cash grants may be available to companies moving to Nashville. Cash grants may be provided for significant corporate headquarters or technology firm relocation. The firm must add 500 or more jobs in Nashville during the first five years of operation. Nashville may pay a company up to $500.00 per job over a set period of time. For more information contact Matt Wiltshire.

Tax Increment Financing

Tax Increment Financing (TIF) allows the cost of infrastructure and the costs of assembly, relocation, demolition and development of a site within a designated redevelopment district to be financed through future increases in property taxes generated by the development itself. As private investments add to the tax base, the increased revenues are placed in a special fund with the revenues then funneled back into the project. TIF funds can amount to a substantial reduction in overall project development costs and can make available for reinvestment approximately 10 percent of an eligible project's total development costs. For more information contact Matt Wiltshire.

Fast Track Permitting & One-Stop Business Assistance

The Mayor's Office of Economic Development was created specifically to assist new and existing companies in their interaction with local, state and federal governmental agencies. The One-Stop Business Assistance Program provides a streamlined structure to access representatives of all applicable local, state and federal agencies in one meeting to outline services, answer questions, fulfill requests and solve problems. The One-Stop Business Assistance Program is designed to facilitate and expedite the permitting, licensing and regulatory processes within the Metropolitan Government. For more information contact Matt Wiltshire.