Sacred Heart Lofts LLC requests tax exemption
Fall River villageCity · WI- Disclosed value
- $10,629,872
- From agenda
- Document date
- Feb 15, 2024
- Term
- 10 year
The 30-second brief
Sacred Heart Lofts LLC requests a ten-year exemption schedule applied to the new value created reflecting an 80% exemption form Years 1 through 5 and a 20% exemption for Years 6 through 10. The total project cost is estimated to be $10,629,872 and cannot proceed without an HDIP Tax Credit award and a Tax Increment Exemption (TIE) and Certified Project Designation from the City.
Sacred Heart Lofts holds this tax increment exemption contract with Fall River village. Its other public contracts on record include work for Town of Fall River and City of Fall River.
Term as filed: 10 year.
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
- Amount
- $10,629,872
- Document date
- February 15, 2024
- Term
- 10 year
- Vendor
- Sacred Heart Lofts
- Agency
- Fall River village
- Source document
- city-of-fall-river-council-agenda-february-15-2024_658.pdf (Agenda)
Sacred Heart Lofts's other public contracts
More Fall River village contracts
Questions about this contract
Who was awarded the tax increment exemption contract by Fall River village?
Sacred Heart Lofts was awarded this tax increment exemption contract by Fall River village, as recorded on February 15, 2024. The contract value is $10,629,872.
How much is the Sacred Heart Lofts contract with Fall River village worth?
The Sacred Heart Lofts contract with Fall River village is valued at $10,629,872, covering tax increment exemption work.
What type of contract is this?
This is a Tax Increment Exemption contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-fall-river-council-agenda-february-15-2024_658.pdf (Agenda), dated February 15, 2024 from Fall River village. 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 Fall River village currently buying?
Explore Fall River village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.