This program is designed to incentivize mixed-income housing in multifamily properties that otherwise would not have any income-restricted units. Based on the percentage of income-restricted units made available, Metro Nashville offers a program whereby a percent of property taxes is abated for a specified number of years.
The amount of property taxes that can be approved for abatement for new projects in a calendar year cannot exceed $3 Million. Applications are submitted to the Metro Housing Division and approved by the Health and Educational Facilities Board (HEFB).
Application Materials
The Housing Division is not currently accepting application for the Mixed Income PILOT program. The Housing Division will update this page with more information when a new round opens.
Contact
For more information or if you have any questions regarding the Mixed Income PILOT program, please contact travis.miller@nashville.gov.