Bend weighs 20-year tax break for Verde Pines

Scope & details

The full contract record, as filed.

Contract amount

Estimated $5,030,435 in total tax exemption value over 20 years; estimated first-year exemption $185,614 (2028)

Contract type

OTHER

Contract term

20-year property tax exemption on residential improvements, anticipated tax years 2028–2047

Renewal date

2047-06-30

Renewal

Single 20-year exemption term; no renewals described. Affordability deed restriction is required for 20 or more years, and continuation of the exemption depends on compliance with income and rent requirements.

Document type

Staff Report

Source document

staff_report_for_qualified_rental_property_tax_exe.pdf

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Missoula Housing Authority Board Meeting Packet 2026-07-15

PENDING

Missoula Housing Authority, MontanaPurchase price based on fair market value per square foot, to be determined by appraisalJul 15, 2026

Missoula Housing Authority Board Meeting Packet 2026-07-15

APPROVED

Missoula Housing Authority, MontanaJul 15, 2026

hcc_full_board_meeting_agenda_march_27_2024.pdf

AMENDED

City of Helena, MontanaMar 27, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Bend-La Pine Administrative School District 1?

United Housing Partners Llc was awarded this government contract by Bend-La Pine Administrative School District 1, as recorded on August 18, 2025. The contract value is Estimated $5,030,435 in total tax exemption value over 20 years; estimated first-year exemption $185,614 (2028).

How much is the United Housing Partners Llc contract with Bend-La Pine Administrative School District 1 worth?

The United Housing Partners Llc contract with Bend-La Pine Administrative School District 1 is valued at Estimated $5,030,435 in total tax exemption value over 20 years; estimated first-year exemption $185,614 (2028).

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 staff_report_for_qualified_rental_property_tax_exe.pdf (Staff Report), dated August 18, 2025 from Bend-La Pine Administrative School District 1. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does United Housing Partners Llc hold?

United Housing Partners Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Bend-La Pine Administrative School District 1 currently buying?

Explore Bend-La Pine Administrative School District 1's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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