Nashville Metro At-large Councilman Bob Mendes is taking additional steps to try to rein in the city’s Metropolitan Development and Housing Agency. Last week Mendes had four Tax Increment Financing-related bills up for discussion, according to the Nashville Business Journal. The newest proposed bill would require Metro hire an independent…
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A Nashville Metro Council member wants to rein in the city’s Metro Development Housing Authority. As reported, the MDHA has vast powers and gives real estate developers millions of dollars in incentives to build in ritzy areas of town. Many of those details aren’t public record. This process, Tax Increment…
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Tax Increment Financing benefits are normally meant to incentivize developers to build new projects in blighted areas of town and, if possible, spruce them up. But developers who want the same benefits for a new project at tourist heavy Fifth and Broadway in Nashville, across from Bridgestone Arena, say TIF…
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UPDATE: 1:00 pm Jimmy Granbery responded to The Tennessee Star’s inquiry about the ethics complaint on Wednesday afternoon. “The complaint had no merit and was dismissed today 5-0 this morning,” Granbery said in an email. 10:20 am This morning at 10:30 am, the Board of Ethical Conduct of the…
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