CRA tax abatement approved for McGregor Landing project

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

15-year, 75% CRA tax exemption

Renewal

Fixed 15-year, 75% property tax exemption under the Community Reinvestment Area program; no renewal terms mentioned.

Document type

Minutes

Source document

City of Elyria Joint Community Development and Finance Committee Meeting Minutes 2026-06-08

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Elyria City Council Minutes 2026-07-06

APPROVED

City of Elyria, OhioJul 6, 2026

Ohio Housing Finance Agency Resolution 2026-75 2026-06-18

APPROVED

Ohio Housing Finance Agency, OhioNot to exceed $17,630,000 aggregate principal amount of Multifamily Housing Revenue BondsJun 18, 2026

Ohio Housing Finance Agency Resolution Authorizing the Issuance of Multifamily Housing Revenue Bonds (McGregor Landing Project) 2026-06-18

APPROVED

Ohio Housing Finance Agency, OhioNot to exceed $17,630,000 aggregate principal amount of Multifamily Housing Revenue BondsJun 18, 2026

Elyria City Council Minutes 2026-06-01

ONGOING

City of Elyria, OhioJun 1, 2026

Ohio Housing Finance Agency Resolution Authorizing the Initial Approval of the Issuance of Bonds for the Acquisition, Construction and Equipping of McGregor Landing 2026-05-21

PENDING

Ohio Housing Finance Agency, OhioApproximately $17,630,000 (principal amount of Bonds)May 21, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Elyria?

Mcgregor Landing Lp was awarded this government contract by City of Elyria, as recorded on June 8, 2026.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Elyria Joint Community Development and Finance Committee Meeting Minutes 2026-06-08 (Minutes), dated June 8, 2026 from City of Elyria. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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Scope & details

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Frequently asked questions

Who was awarded the government contract by City of Elyria?

What type of contract is this?

Where was this contract approved?

What other contracts does Mcgregor Landing Lp hold?

What is City of Elyria currently buying?

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