Hartford Recommends RMC Homes Development Agreement
- Disclosed value
- 50% of Available Tax Increment, up to a maximum of $3,200,000
- From contract
- Document date
- Oct 27, 2026
- Renews
- Free account
The 30-second brief
Hartford staff recommended approval of a Developer's Agreement with RMC Homes VIII LLC for an assisted living and independent living campus in Tax Increment District No. 13. The agreement would provide the developer 50% of available tax increment revenue, up to $3.2 million, with the project required to obtain occupancy permits by June 30, 2028 and the district expected to mature by 2044.
Rmc Homes Viii LLC holds this construction contract with City of Hartford.
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Contract details
- Contract type
- Construction
- Amount
- 50% of Available Tax Increment, up to a maximum of $3,200,000
- Document date
- October 27, 2026
- Term
- Effective in 2026; TID No. 13 expected to remain in existence for up to 20 years and expire no later than 2044; development occupancy permits due by June 30, 2028
- Renews
- Free account
- Vendor
- Rmc Homes Viii LLC
- Agency
- City of Hartford
- Source document
- City of Hartford Contract Developer's Agreement with RMC Homes VIII LLC 2026-10-27 (Contract)
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Questions about this contract
Who was awarded the construction contract by City of Hartford?
Rmc Homes Viii LLC was awarded this construction contract by City of Hartford, as recorded on October 27, 2026. The contract value is 50% of Available Tax Increment, up to a maximum of $3,200,000.
How much is the Rmc Homes Viii LLC contract with City of Hartford worth?
The Rmc Homes Viii LLC contract with City of Hartford is valued at 50% of Available Tax Increment, up to a maximum of $3,200,000, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a contract record.
Where was this contract approved?
This contract appears in City of Hartford Contract Developer's Agreement with RMC Homes VIII LLC 2026-10-27 (Contract), dated October 27, 2026 from City of Hartford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rmc Homes Viii LLC hold?
Rmc Homes Viii 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.
What is City of Hartford currently buying?
Explore City of Hartford's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.