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FY2022 BUDGET AMENDMENT ($2,386,350) CONTINENTAL REDEVELOPMENT AREA Revenues Loan Proceeds ($1,887,425) Tax Increment ($17,075) Appropriations Loan Fees ($20,925) Development Costs ($1,883,575)HOUSING
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Gather all the necessary information such as property address, parcel number, and property value.
02
Complete the tax increment financing application form accurately.
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Submit the application along with any required documentation to the appropriate department or agency.

Who needs columbia pike tax increment?

01
Property developers looking to finance infrastructure improvements in the Columbia Pike area.
02
Local government officials seeking to revitalize the Columbia Pike corridor.
03
Community organizations advocating for economic development in the Columbia Pike neighborhood.
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Columbia Pike Tax Increment is a form of tax incremental financing used to support economic development and infrastructure improvements within a designated area along Columbia Pike.
Property owners, developers, or businesses operating within the designated Columbia Pike area may be required to file Columbia Pike Tax Increment reports.
To fill out Columbia Pike Tax Increment, one must provide detailed information about the property or business located within the designated area, including financial data, proposed improvements, and projected tax increment revenue.
The purpose of Columbia Pike Tax Increment is to stimulate economic development and fund infrastructure projects by leveraging future tax revenue increases resulting from property value appreciation.
Information such as property value assessments, proposed improvements, anticipated tax increment revenue, and planned use of funds must be reported on Columbia Pike Tax Increment forms.
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