CONTRACTAPPROVED

Town of Gardner Awards $6,600,000 Reinvestment Housing Incentive District Contract to Grand Street Development (May 2023)

Town of Gardner
Disclosed value
$6,600,000
From minutes
Approved
May 1, 2023
Term
16 years

The 30-second brief

What it covers

Grand Street Development, LLC will use a Reinvestment Housing Incentive District for senior living. The city anticipates reimbursing the developer's eligible expense for the RHID of up to $6.6 million, plus interest, subject to a maximum term of 16 years.

Who holds it

Grand Street Development holds this reinvestment housing incentive district contract with Town of Gardner. Its other public contracts on record include work for City of Garfield.

What happens next

Term as filed: 16 years.

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Contract details

Contract type
Reinvestment Housing Incentive District
Amount
$6,600,000
Document date
May 1, 2023
Term
16 years
Source document
city-of-gardner-city-council-meeting-minutes-may-1-2023_381.pdf (Minutes)

Grand Street Development's other public contracts

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Questions about this contract

Who was awarded the reinvestment housing incentive district contract by Town of Gardner?

Grand Street Development was awarded this reinvestment housing incentive district contract by Town of Gardner, as recorded on May 1, 2023. The contract value is $6,600,000.

How much is the Grand Street Development contract with Town of Gardner worth?

The Grand Street Development contract with Town of Gardner is valued at $6,600,000, covering reinvestment housing incentive district work.

What type of contract is this?

This is a Reinvestment Housing Incentive District contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-gardner-city-council-meeting-minutes-may-1-2023_381.pdf (Minutes), dated May 1, 2023 from Town of Gardner. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Grand Street Development hold?

Grand Street Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Gardner currently buying?

Explore Town of Gardner's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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