Bend Urban Renewal Agency Meeting Minutes March 2025
Neighborly Ventures requests abatement for Veridian housing project
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Description
Neighborly Ventures seeks approval for a 24-year (with 30-year option) tax abatement on the Veridian project, with financing ready upon approval and building permits obtained.
Contract Details
Vendor
NEIGHBORLY VENTURES
Agency
City of Bend, OR
Contract Type
CONSTRUCTION
Document Date
March 19, 2025
Contract Term
24-year abatement requested with opportunity to extend to 30 years; project duration
Renewal Info
24-year abatement requested, with possibility for 30 years. Extension subject to City Council approval.
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