Neighborly Ventures Presents Veridian Housing Plan
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Description
Neighborly Ventures presented the Veridian housing project to Bend Urban Renewal Agency, seeking a 24-year property tax abatement with an optional extension. The project targets young professionals and families.
Contract Details
Vendor
NEIGHBORLY VENTURES
Agency
City of Bend, OR
Contract Type
CONSTRUCTION
Document Date
March 19, 2025
Contract Term
24 years, possibility to extend to 30 years (abatement)
Renewal Info
Initial abatement requested for 24 years, with a possible extension to 30 years, pending agency approval.
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