CONTRACTAPPROVED

City of Newark Awards Tax Abatement Contract to 449 Washington Street Urban Renewal (May 2025)

City of Newark logoCity of Newark
Approved
May 13, 2025
Term
30 year

The 30-second brief

What it covers

Newark approves 30-year tax abatement for 449 Washington Street project, encouraging urban renewal and affordable housing initiatives.

Who holds it

449 Washington Street Urban Renewal holds this tax abatement contract with City of Newark.

What happens next

Term as filed: 30 year.

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Contract details

Contract type
Tax Abatement
Document date
May 13, 2025
Term
30 year
Source document
city-of-newark-municipal-council-meeting-minutes-may-13-2025_587.pdf (Minutes)

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Questions about this contract

Who was awarded the tax abatement contract by City of Newark?

449 Washington Street Urban Renewal was awarded this tax abatement contract by City of Newark, as recorded on May 13, 2025.

What type of contract is this?

This is a Tax Abatement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-newark-municipal-council-meeting-minutes-may-13-2025_587.pdf (Minutes), dated May 13, 2025 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 449 Washington Street Urban Renewal hold?

449 Washington Street Urban Renewal may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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