Snuff District developers seeking tax incentives for apartment project
Developers also received approval from the CCRFC for $3.5 million from the PILOT extension fund — set aside to fund parking projects — to pay for the public parking at the project. The Memphis City Council also approved the use of PILOT extension funds for public parking at the project. The garage would be owned by the DMC's Downtown Mobility Authority and financed partially through the extension fund. The extension fund request also requires approval from the Shelby County Commission, city and county mayors, and the DMA. The CCRFC approved a PILOT incentive for the first phase of th...