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Payment-in-Lieu-of-Taxes (PILOT)

Coverage of Payment-in-Lieu-of-Taxes (PILOT) in the Nexus archive.

Earliest in view: Jul 9 · 19:55 UTCMost recent: Jul 9 · 19:55 UTC
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  • POLITICSJul 9 · 19:55 UTCVERITE NEWS
    City Council approves tax breaks for $100 million affordable housing complex

    New Orleans City Council approved a $33 million Payment-in-Lieu-of-Taxes (PILOT) deal over 40 years for a $100 million affordable housing complex called Rivana apartments in the River District. The 6-1 vote included opposition from Council President JP Morrell, with 220 affordable housing units planned for residents earning up to 80% of the area median income.

Payment-in-Lieu-of-Taxes (PILOT) · Dossier · The Nexus