Development

Metro Council to Consider Development Incentives Proposal

A Metro Nashville Council proposal would link economic and community development incentives to investment and support for affordable housing. Councilmember Fabian Bedne has introduced a bill which would require Metro to make matching payments to the Barnes Fund for Affordable Housing when awarding incentive grants to companies seeking to relocate to the city, The Nashville Post reports. According to the Mayor’s Office of Economic and Community Development, total incentive grants in the 2018 fiscal year were $1.53 million. The bill is set to be considered at next week's Metro Council meeting. 

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