CONTRACTPENDING

Tax Incentive Agreement for Crescent Crossings 1C

Disclosed value: $3,161,815; From agenda
Document date: Jun 5, 2023
Term: 17 years

What it covers

Bridgeport is considering an Affordable Housing Tax Incentive Development Agreement for Crescent Crossings 1C, a new $40MM mixed-income residential development. The agreement spans 17 years, with phased-in tax payments.

Who holds it

Crescent Crossings 1c holds this tax incentive contract with Town of Bridgeport. Its other public contracts on record include work for City of Bridgeport.

What happens next

Term as filed: 17 years.

See who signed off on this $3.2M contract.

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Contract details

Contract type: Tax Incentive
Amount: $3,161,815
Document date: June 5, 2023
Term: 17 years
Vendor: Crescent Crossings 1c
Agency: Town of Bridgeport
Source document: bridgeport-city-council-agenda-capital-projects-av-upgrades-june-5-2023_47d.pdf (Agenda)

Crescent Crossings 1c's other public contracts

City of Bridgeport, WashingtonCrescent Crossings Tax Incentive Agreement Approved · Jun 20, 2023$3.2M City of Bridgeport, AlabamaCrescent Crossings 1C Receives Tax Incentive Approval · Jun 5, 2023$3.2M City of Bridgeport, OklahomaCrescent Crossings 1C LLC Tax Incentive Agreement · Jun 5, 2023$3.2M City of Bridgeport, WashingtonTax Incentive for Crescent Crossings 1C LLC Project · Jun 5, 2023$40M Town of Bridgeport, WisconsinTax Incentive for Crescent Crossings 1C LLC · Jun 5, 2023$3.2M All Crescent Crossings 1c contractsVendor profile

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Questions about this contract

Who was awarded the tax incentive contract by Town of Bridgeport?

Crescent Crossings 1c was awarded this tax incentive contract by Town of Bridgeport, as recorded on June 5, 2023. The contract value is $3,161,815.

How much is the Crescent Crossings 1c contract with Town of Bridgeport worth?

The Crescent Crossings 1c contract with Town of Bridgeport is valued at $3,161,815, covering tax incentive work.

What type of contract is this?

This is a Tax Incentive contract, documented as a agenda record.

Where was this contract approved?

This contract appears in bridgeport-city-council-agenda-capital-projects-av-upgrades-june-5-2023_47d.pdf (Agenda), dated June 5, 2023 from Town of Bridgeport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Crescent Crossings 1c hold?

Crescent Crossings 1c 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 Bridgeport currently buying?

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

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