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Infrastructure credit financingpending

croft-fire-district-agenda-2025-01-27_a86.pdf

Spartanburg County authorizes deal with 1017 Florida, LLC

NACroft Fire District1017 FLORIDAJanuary 27, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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TerraCycle logo
Cyvl logo
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Description

Spartanburg County authorizes special source credit agreement with 1017 Florida, LLC, involving investment in multifamily townhome community with infrastructure credits against payments in lieu of taxes. Combined aggregate investment expected to be at least $22,000,000, and that it expects to create at least 3 jobs.

Contract Details

Contract Amount

NA

Vendor

1017 FLORIDA

Agency

Croft Fire District, SC

Contract Type

Infrastructure credit financing

Document Date

January 27, 2025

Contract Term

10 years

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