RS2026-2230
Resolution
This allows MDHA to accept reduced tax payments from the developer of Fallbrook Apartments, a 244-unit affordable housing complex at 345 Dellway Villa Road restricted to renters earning 60% or less of the area median income. Instead of paying full property taxes, the developer will pay $261,000 in the first year after completion, increasing 3% annually over a 10-year period, with Metro forgoing about $2.78 million in taxes over that span.
Sponsors
Primary sponsor · District 5
Co-sponsors (3)
As filed on Legistar
A resolution authorizing the Metropolitan Development and Housing Agency to negotiate and enter into a PILOT Agreement and accept payments in lieu of ad valorem taxes with respect to a multi-family housing project located at 345 Dellway Villa Road known as Fallbrook Apartments.
Attachments
Data sourced from Nashville Metro Council Legistar. Last updated: September 8, 2026