LDCHA Approves 2025 PILOT Payment to Lawrence
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Description
The LDCHA Board approved Resolution Y-26 authorizing a 2025 Payment in Lieu of Taxes of $107,915.47 to the City of Lawrence, calculated as 10% of shelter rent for the year. This annual payment compensates the City for public services and facilities provided to LDCHA properties.
Contract Details
Contract Amount
$107,915.47
Vendor
CITY OF LAWRENCE
Agency
Lawrence/Douglas county Housing Authority, KS
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
Contract Term
For 2025 tax year, calculated on 2025 rental income and utilities
Renewal Date
2026-12-31
Renewal Info
Recurring annual Payment in Lieu of Taxes calculated as 10% of shelter rent (rental income minus utilities) in accordance with federal regulation and cooperation agreement.
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Issuing Agency
Local Housing Authority
Lawrence, KS
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