City of Concord city Awards $172,431 Economic Development Incentive Grant Contract to Hood Ventures (November 2024)
City of Concord cityCity · Concord, NC- Disclosed value
- $172,431
- From agenda
- Approved
- Nov 14, 2024
- Term
- 1 year
The 30-second brief
Contract for tax-based incentives to Hood Ventures, LLC approved for a mixed-use project including 210 residential units and commercial space. The city anticipates a net revenue of $30,429 after the incentive payment.
Hood Ventures holds this economic development incentive grant contract with City of Concord city. Its other public contracts on record include work for Town of Concord.
Term as filed: 1 year.
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Contract details
- Contract type
- Economic Development Incentive Grant
- Amount
- $172,431
- Document date
- November 14, 2024
- Term
- 1 year
- Vendor
- Hood Ventures
- Agency
- City of Concord city
- Source document
- city-of-concord-city-agenda-2024-11-14_b1b.pdf (Agenda)
Hood Ventures's other public contracts
More City of Concord city contracts
Questions about this contract
Who was awarded the economic development incentive grant contract by City of Concord city?
Hood Ventures was awarded this economic development incentive grant contract by City of Concord city, as recorded on November 14, 2024. The contract value is $172,431.
How much is the Hood Ventures contract with City of Concord city worth?
The Hood Ventures contract with City of Concord city is valued at $172,431, covering economic development incentive grant work.
What type of contract is this?
This is a Economic Development Incentive Grant contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-concord-city-agenda-2024-11-14_b1b.pdf (Agenda), dated November 14, 2024 from City of Concord city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Hood Ventures hold?
Hood Ventures 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 City of Concord city currently buying?
Explore City of Concord city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.