CONTRACTPENDING

Manchester Crossing I in-lieu-of-tax agreement

Town of Chelsea
Disclosed value
4% of Annual Shelter Rents
From agenda
Document date
Sep 2, 2025

The 30-second brief

What it covers

Manchester Crossing I housing project to pay 4% of annual shelter rents in lieu of property taxes under proposed ordinance.

Who holds it

Manchester Crossing I holds this housing development contract with Town of Chelsea.

What happens next

Term as filed: Mortgage Loan outstanding and unpaid or Housing project remains subject to income and rent restrictions under the LIHTC Program..

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Contract details

Contract type
Housing Development
Amount
4% of Annual Shelter Rents
Document date
September 2, 2025
Term
Mortgage Loan outstanding and unpaid or Housing project remains subject to income and rent restrictions under the LIHTC Program.
Source document
town-of-chelsea-agenda-ordinance-189-manchester-crossing-i_3c2.pdf (Agenda)

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Questions about this contract

Who was awarded the housing development contract by Town of Chelsea?

Manchester Crossing I was awarded this housing development contract by Town of Chelsea, as recorded on September 2, 2025. The contract value is 4% of Annual Shelter Rents.

How much is the Manchester Crossing I contract with Town of Chelsea worth?

The Manchester Crossing I contract with Town of Chelsea is valued at 4% of Annual Shelter Rents, covering housing development work.

What type of contract is this?

This is a Housing Development contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-chelsea-agenda-ordinance-189-manchester-crossing-i_3c2.pdf (Agenda), dated September 2, 2025 from Town of Chelsea. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Manchester Crossing I hold?

Manchester Crossing I 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 Town of Chelsea currently buying?

Explore Town of Chelsea's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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