Tax Increment Financing for Blighted Areas in Nashville on Temporary Hold

Metro Nashville officials have imposed a moratorium on its Tax Increment Financing practices, which occur when government officials award special tax incentives to real estate developers to spruce up supposedly blighted parts of town. This practice goes on nationwide, as The Tennessee Star reported. Critics say TIF continues to benefit…

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Developers Defend $25 Million Incentives They’re Getting for Fifth and Broadway in Nashville

Fifth and Broadway project

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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