CONTRACTPENDING

Bend Considers $1.28M Tax Exemption for Hiatus Homes Project

Disclosed value: Estimated tax exemption of $1.28 million over 10 years; From staff report
Document date: Apr 17, 2024
Term: 10 years, beginning in the 2027 tax year
Renews: Mar 2027; Free account

What it covers

The City of Bend is considering a 10-year Multiple Unit Property Tax Exemption (MUPTE) for Hiatus Homes, estimated at $1.28 million, to facilitate the construction of a 59-unit micro-apartment building at 445 NE Penn Avenue. The project will restrict 30% of units for middle-income households and includes enhanced stormwater and EV charging infrastructure.

Who holds it

Hiatus Homes holds this contract with Bend MPO. Its other public contracts on record include work for City of Bend.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Bend MPO contract.

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Contract details

Amount: Estimated tax exemption of $1.28 million over 10 years
Document date: April 17, 2024
Term: 10 years, beginning in the 2027 tax year
Renews: Free account
Vendor: Hiatus Homes
Agency: Bend MPO
Source document: bend-mpo-staff-report-2024-04-17_1f1.pdf (Staff Report)

Hiatus Homes's other public contracts

City of Bend, Oregoncity-of-bend-proposal-2024-04-17_123.pdf · Apr 17, 2024Undisclosed City of Bend, OregonHiatus Homes Given Extension for Housing Funds · Feb 7, 2024Undisclosed Bend MPO, OregonHiatus Homes Granted Extension for Middle-Income Housing Funds · Feb 7, 2024Undisclosed City of Bend, OregonHiatus Homes Gets Extension for Affordable Housing Agreement · Feb 7, 2024Undisclosed City of Bend, OregonExtension Granted for Hiatus Homes Deed Restriction Agreement · Feb 7, 2024Undisclosed All Hiatus Homes contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Bend MPO?

Hiatus Homes was awarded this government contract by Bend MPO, as recorded on April 17, 2024. The contract value is Estimated tax exemption of $1.28 million over 10 years.

How much is the Hiatus Homes contract with Bend MPO worth?

The Hiatus Homes contract with Bend MPO is valued at Estimated tax exemption of $1.28 million over 10 years.

What type of contract is this?

This is a government contract, documented as a staff report record.

Where was this contract approved?

This contract appears in bend-mpo-staff-report-2024-04-17_1f1.pdf (Staff Report), dated April 17, 2024 from Bend MPO. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hiatus Homes hold?

Hiatus Homes 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 Bend MPO currently buying?

Explore Bend MPO's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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