Center City Revenue Finance Corporation
The Center City Revenue Finance Corporation (CCRFC) is a state-chartered industrial development board comprised of nine volunteer board members, nominated by the mayors and approved by the Memphis City Council and the Shelby County Board of Commissioners.
As provided by the Tennessee Code Annotated (7-53-102), the CCRFC is authorized to finance, own, lease, and dispose of properties in order to maintain and increase employment opportunities and increase the quantity of housing in the Center City. The CCRFC is also charged with promoting industry, trade, commerce, tourism, recreation, and housing construction, and inducing related enterprises to remain in or locate to the Center City.
The CCRFC operates within the area bounded by the Mississippi River (west), North Parkway (north), East Parkway (east), and South Parkway (south). The CCRFC can grant Payment in Lieu of Taxes (PILOT) tax freezes to property owners who plan to improve or redevelop their property. The CCRFC can also issue bonds to provide financing for public interest projects.
Upcoming Meetings
Past Meetings
January 10, 2023 - CANCELED- canceled- January 17, 2023 - Policy Committee Meeting
- February 14, 2023
- March 14, 2023
April 11, 2023 - CANCELED- canceled- May 9, 2023
- June 13, 2023
- July 11, 2023
August 8, 2023 - CANCELED- canceled- September 12, 2023
October 10, 2023 - CANCELED- canceledNovember 14, 2023 - CCRFC - Canceled- canceled- December 12, 2023
- January 11, 2022
- February 8, 2022
- March 8, 2022
- April 12, 2022
- May 10, 2022
- June 17, 2022
- Meeting Postponed - Date Pending
- August 9, 2022
- August 24, 2022 - Policy Committee Meeting
- September 13, 2022
- October 11, 2022
- October 21 – Policy Committee Meeting
- November 8, 2022
- November 22, 2022 - Policy Committee Meeting
- December 13, 2022
- January 12, 2021
- February 9, 2021
- March 9, 2021
- April 6, 2021
April 13, 2021 - CANCELED- canceled- May 11, 2021
- June 8, 2021
July 13, 2021 - canceled- canceledAugust 10, 2021 - canceled- canceled- September 14, 2021
- October 12, 2021
- November 9, 2021
- November 17, 2021
December 14, 2021 - Meeting Canceled- canceled- December 28 - Special Called