Payment In Lieu Of Taxes Financing Programs - "PILOT"

A "Payment In Lieu Of Taxes" (commonly called a "PILOT") capital funding approach provides the commercial real estate development project with a funding program alternative that can be made to work for the benefit of the developer, project and regulators. Check with the lead state economic development agency (or public law) to determine what the PILOT program in your state may provide to help you create a capital funding plan that has the funding energy to power your proposed commercial real estate development project into a profitable reality.

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