Incentives offered for
developing in Downtown Memphis . . .
PILOT Program
Development Loan Program
Historic Tax Credit Program
Main Street Tenent Loan Program
Broker Bonus Program
Bond Issues
Go to download of
Development Loan Packet and Application
Requires Adobe Acrobat Reader
Learn more about
Center City Development Corporation
See a map of
Central Business Improvement District
Downtown Historic Districts
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development loans
The Development Loan Program
is a financial incentive designed to encourage commercial real estate
improvements within the Central Business Improvement District. This low-interest
loan
program offers up to $90,000 for building renovations based on established
project evaluation criteria. The loan is
amortized over a 20 year period at a three percent (3%) interest rate with a
balloon payment due at the end of the tenth (10th) year.
The program is
administered by the Center City
Development Corporation (CCDC) through an application and review process.
For a copy of the application and general policies of the Development Loan
Program, download Development application or call the Center City Commission at (901)
575-0540.
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