CONTRACTPENDING

Hyde Development LLC Residential Project

Town of Fall River
Disclosed value
$6,000,000
From agenda
Document date
Feb 14, 2023
Term
10 years

The 30-second brief

What it covers

Hyde Development LLC plans to invest $6 million to create 24 market-rate residential units at 439 Pine Street. The project has received Zoning Board approval and Massachusetts Historic Tax Credit approval. The TIE is critical and necessary to help offset an estimated $6 Million+/- in expenses.

Who holds it

Hyde Development holds this tax increment exemption contract with Town of Fall River. Its other public contracts on record include work for City of Roseville and Town of Rose Dell.

What happens next

Term as filed: 10 years.

See who signed off on this $6M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Tax Increment Exemption
Amount
$6,000,000
Document date
February 14, 2023
Term
10 years
Source document
town-of-fall-river-city-council-meeting-agenda-february-14-2023_260.pdf (Agenda)

Hyde Development's other public contracts

More Town of Fall River contracts

Questions about this contract

Who was awarded the tax increment exemption contract by Town of Fall River?

Hyde Development was awarded this tax increment exemption contract by Town of Fall River, as recorded on February 14, 2023. The contract value is $6,000,000.

How much is the Hyde Development contract with Town of Fall River worth?

The Hyde Development contract with Town of Fall River is valued at $6,000,000, covering tax increment exemption work.

What type of contract is this?

This is a Tax Increment Exemption contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-fall-river-city-council-meeting-agenda-february-14-2023_260.pdf (Agenda), dated February 14, 2023 from Town of Fall River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Hyde Development hold?

Hyde 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 Fall River currently buying?

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

Work in government? Get Civic IQ free →