PILOT Approved for Howell Senior Village Housing Project
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Description
The Council will consider approving an annual Payment in Lieu of Tax of up to $12,281.09 to the Sheriff under an MOU involving the Capital Area Finance Authority and Gulf Coast Housing Partnership, LLC for the Howell Senior Village project. The arrangement supports the project's financial structure.
Contract Details
Contract Amount
Annual Payment in Lieu of Tax not to exceed $12,281.09
Vendor
CAPITAL AREA FINANCE AUTHORITY
Agency
East Baton Rouge Parish, LA
Contract Type
FINANCIAL_SERVICES
Document Date
May 27, 2026
Contract Term
Annual PILOT; specific duration not stated
Renewal Info
Annual PILOT payment structure established by Memorandum of Understanding; term details not provided.
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