CONTRACTPENDING

Sacred Heart Lofts Seeks Tax Exemption Approval

Town of Fall River
Disclosed value
$10,629,872
From agenda
Document date
Feb 15, 2024
Term
10 years

The 30-second brief

What it covers

Sacred Heart Lofts LLC is seeking a ten-year tax exemption for a $10,629,872 housing development project. The project includes an 80% exemption for the first five years and a 20% exemption for the following five years.

Who holds it

Sacred Heart Lofts holds this tax incentive contract with Town of Fall River. Its other public contracts on record include work for City of Fall River and Fall River village.

What happens next

Term as filed: 10 years.

See who signed off on this $10.6M contract.

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Contract details

Contract type
Tax Incentive
Amount
$10,629,872
Document date
February 15, 2024
Term
10 years
Source document
city-of-fall-river-city-council-meeting-agenda-february-15-2024_9d7.pdf (Agenda)

Sacred Heart Lofts's other public contracts

More Town of Fall River contracts

Questions about this contract

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

Sacred Heart Lofts was awarded this tax incentive contract by Town of Fall River, as recorded on February 15, 2024. The contract value is $10,629,872.

How much is the Sacred Heart Lofts contract with Town of Fall River worth?

The Sacred Heart Lofts contract with Town of Fall River is valued at $10,629,872, covering tax incentive work.

What type of contract is this?

This is a Tax Incentive contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-fall-river-city-council-meeting-agenda-february-15-2024_9d7.pdf (Agenda), dated February 15, 2024 from Town of Fall River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sacred Heart Lofts hold?

Sacred Heart Lofts 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.

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