RS2026-2231
Resolution
This gives a property tax break to the developer of Skyline Ridge Apartments, a planned 234-unit affordable housing complex on Skyline Ridge Drive. Instead of paying full property taxes, the developer will pay $55,000 in the first year after completion, rising 3% annually over a 10-year period, while the remaining tax bill is abated to help keep rents affordable for households earning at or below 60% of the area median income.
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 0 Skyline Ridge Drive known as Skyline Ridge Apartments.
Attachments
Data sourced from Nashville Metro Council Legistar. Last updated: September 8, 2026