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HP-256005 Oak Ridge Gets $50K Tax Break

Oak Ridge City School District logoOak Ridge City School District
Disclosed value
$50,000
From agenda
Document date
Oct 6, 2025
Term
10 year

The 30-second brief

What it covers

Oak Ridge Industrial Development Board(IDB) is giving tax break worth of $50,000 over 10 years to HP-256005 Oak Ridge, LLC for constructing a 378-unit multifamily housing facility in the City of Oak Ridge.

Who holds it

Hp 256005 Oak Ridge holds this pilot contract with Oak Ridge City School District. Its other public contracts on record include work for Oak Ridge Housing Authority and City of Oak Ridge.

What happens next

Term as filed: 10 year.

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Contract details

Contract type
Pilot
Amount
$50,000
Document date
October 6, 2025
Term
10 year
Vendor
Hp 256005 Oak Ridge
Agency
Oak Ridge City School District
Source document
industrial-development-board-meeting-agenda-october-6-2025_efd.pdf (Agenda)

Hp 256005 Oak Ridge's other public contracts

Oak Ridge Housing Authority, TennesseeLease agreement approved for HP-256005 Oak Ridge, LLC housing project · Dec 1, 2025UndisclosedOak Ridge Housing Authority, TennesseeAffordable Housing Project in Oak Ridge Receives IDB Approval · Nov 3, 2025$66MOak Ridge City School District, TennesseeHP-256005 Oak Ridge, LLC 10-year PILOT lease approved · Nov 3, 2025UndisclosedCity of Oak Ridge, TennesseeHP-256005 Oak Ridge, LLC receives 10-year tax abatement · Nov 3, 2025UndisclosedCity of Oak Ridge, TennesseeHillpointe Apartments Receives Approval for PILOT Request. · Oct 6, 2025All Hp 256005 Oak Ridge contractsVendor profile

More Oak Ridge City School District contracts

Brown, Jake & Mcdaniel PCOak Ridge Receives FY26 Internal Funds Audit · Sep 21, 2026UndisclosedNIETOak Ridge Approves $80,000 NIET Literacy Support · Sep 21, 2026$80KBrown Jake & Mcdaniel PCOak Ridge Recommends FY27 Audit Firm Engagement · Sep 21, 2026$28.9KBrown Jake & Mcdaniel PCAudit Firm Recommended for Oak Ridge Schools FY27 Audit · Sep 21, 2026$28.9KNIETOak Ridge Funds NIET Literacy Implementation Services · Sep 8, 2026$80KAll Oak Ridge City School District activityAgency profile

Questions about this contract

Who was awarded the pilot contract by Oak Ridge City School District?

Hp 256005 Oak Ridge was awarded this pilot contract by Oak Ridge City School District, as recorded on October 6, 2025. The contract value is $50,000.

How much is the Hp 256005 Oak Ridge contract with Oak Ridge City School District worth?

The Hp 256005 Oak Ridge contract with Oak Ridge City School District is valued at $50,000, covering pilot work.

What type of contract is this?

This is a Pilot contract, documented as a agenda record.

Where was this contract approved?

This contract appears in industrial-development-board-meeting-agenda-october-6-2025_efd.pdf (Agenda), dated October 6, 2025 from Oak Ridge City School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hp 256005 Oak Ridge hold?

Hp 256005 Oak Ridge 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 Oak Ridge City School District currently buying?

Explore Oak Ridge City School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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