City of Fall River Awards $10,629,872 Tax Increment Exemption (Tie) Agreement Contract to Sacred Heart Lofts (February 2024)
City of Fall RiverCity · Fall River, MA- Disclosed value
- $10,629,872
- From meeting minutes
- Approved
- Feb 15, 2024
- Term
- 10 years
The 30-second brief
City approves Tax Increment Exemption for Sacred Heart Lofts to invest $10.6M for housing with 80% - 20% exemption for 10 years
Sacred Heart Lofts holds this tax increment exemption (tie) agreement contract with City of Fall River. Its other public contracts on record include work for Town of Fall River and Fall River village.
Term as filed: 10 years.
See who signed off on this $10.6M contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Tax Increment Exemption (Tie) Agreement
- Amount
- $10,629,872
- Document date
- February 15, 2024
- Term
- 10 years
- Vendor
- Sacred Heart Lofts
- Agency
- City of Fall River
- Source document
- fall-river-meeting-minutes-2024-02-15-pdf_bb4.pdf (Meeting Minutes)
Sacred Heart Lofts's other public contracts
More City of Fall River contracts
Questions about this contract
Who was awarded the tax increment exemption (tie) agreement contract by City of Fall River?
Sacred Heart Lofts was awarded this tax increment exemption (tie) agreement contract by City 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 City of Fall River worth?
The Sacred Heart Lofts contract with City of Fall River is valued at $10,629,872, covering tax increment exemption (tie) agreement work.
What type of contract is this?
This is a Tax Increment Exemption (Tie) Agreement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in fall-river-meeting-minutes-2024-02-15-pdf_bb4.pdf (Meeting Minutes), dated February 15, 2024 from City of Fall River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
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 City of Fall River currently buying?
Explore City of Fall River's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.