Bridgeport OKs Conditional Tax Interest Refund to SVA
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Description
The City of Bridgeport Miscellaneous Matters Committee approved a resolution authorizing a $437,277.30 property tax interest refund to The Success Village Apartments, Inc., contingent on the enactment of HB 5500. The refund will return previously paid delinquent tax interest to support the solvency and recovery of the large housing cooperative in receivership.
Contract Details
Contract Amount
$437,277.30
Vendor
SUCCESS VILLAGE APARTMENTS INC
Agency
Housing Authority of the city of Bridgeport, CT
Contract Type
FINANCIAL_SERVICES
Document Date
April 9, 2026
Renewal Info
One-time property tax interest refund contingent upon passage and signing of HB 5500; no renewals or extensions contemplated.
Issuing Agency
Local Housing Authority
Bridgeport, CT
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