MRC Approves Incentive Deal with Chinook Development
City of MadrasCity · Madras, OR- Disclosed value
- Grant up to $350,000 plus $50,000 property donation value and SDCs/permit fee forgiveness
- From agendapacket
- Approved
- Aug 5, 2025
The 30-second brief
The Madras Redevelopment Commission approved a development agreement with Chinook Development Group providing up to $350,000 in grant funding, SDC payments, permit fee forgiveness, and a property donation valued at $50,000. The project will deliver 12 apartments targeting residents at 60–80% of area median income, with strict timelines for starting and completing construction.
Chinook Development Group holds this contract with City of Madras.
Term as filed: 18 months to start construction after property ownership; 30 months to complete construction from building permit issuance.
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Contract details
- Amount
- Grant up to $350,000 plus $50,000 property donation value and SDCs/permit fee forgiveness
- Document date
- August 5, 2025
- Term
- 18 months to start construction after property ownership; 30 months to complete construction from building permit issuance
- Agency
- City of Madras
- Source document
- Madras City Council Agenda Packet 2025-08-05 (AgendaPacket)
Chinook Development Group's other public contracts
More City of Madras contracts
Questions about this contract
Who was awarded the government contract by City of Madras?
Chinook Development Group was awarded this government contract by City of Madras, as recorded on August 5, 2025. The contract value is Grant up to $350,000 plus $50,000 property donation value and SDCs/permit fee forgiveness.
How much is the Chinook Development Group contract with City of Madras worth?
The Chinook Development Group contract with City of Madras is valued at Grant up to $350,000 plus $50,000 property donation value and SDCs/permit fee forgiveness.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Madras City Council Agenda Packet 2025-08-05 (AgendaPacket), dated August 5, 2025 from City of Madras. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Chinook Development Group hold?
Chinook Development Group 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 Madras currently buying?
Explore City of Madras's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.