FINANCIAL_SERVICESAPPROVED

City of Beaverton Awards Financial Services Contract to Bridge Meadows (March 2026)

Beaverton reauthorized a FY26/27 nonprofit property tax exemption for Bridge Meadows’ intergenerational affordable housing community in Beaverton. The exemption offsets approximately $80,487.37 in property taxes on 10,291,140 RMV to support lower rents and enhanced resident services.

Document date · March 17, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Included in total foregone property tax revenue $1,138,939 (all taxing entities); specific development foregone revenue $80,487.37
Contract type
FINANCIAL_SERVICES
Contract term
Fiscal Year 2026-27
Renewal date
2027-06-30
Renewal
Annual renewal of nonprofit housing tax exemption under Beaverton Code 3.20. Property first received exemption on 04/12/2016 and continues eligibility for FY26/27.
Document type
AgendaPacket
Source document
City of Beaverton AgendaPacket Reauthorize Relief from Property Taxes for Specific Affordable Housing Developments 2026-03-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Beaverton?

Bridge Meadows was awarded this financial services contract by City of Beaverton, as recorded on March 17, 2026. The contract value is Included in total foregone property tax revenue $1,138,939 (all taxing entities); specific development foregone revenue $80,487.37.

How much is the Bridge Meadows contract with City of Beaverton worth?

The Bridge Meadows contract with City of Beaverton is valued at Included in total foregone property tax revenue $1,138,939 (all taxing entities); specific development foregone revenue $80,487.37, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Beaverton AgendaPacket Reauthorize Relief from Property Taxes for Specific Affordable Housing Developments 2026-03-17 (AgendaPacket), dated March 17, 2026 from City of Beaverton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bridge Meadows hold?

Bridge Meadows 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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