Lambert Woods South Tax Incentive Recommended
City of PortlandCity · Portland, ME- Document date
- Jul 15, 2025
- Term
- 30 years
The 30-second brief
The Housing and Economic Development Committee recommended confirming an Affordable Housing Tax Increment Financing District and Credit Enhancement Agreement benefiting Maine Cooperative Development Partners’ Lambert Woods South project. The agreement would return 75% of increased tax revenues to the developer over 30 years.
Maine Cooperative Development Partners holds this contract with City of Portland.
Term as filed: 30 years.
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Contract details
- Document date
- July 15, 2025
- Term
- 30 years
- Agency
- City of Portland
- Source document
- Portland Housing and Economic Development Committee Minutes July 15, 2025 (Minutes)
Maine Cooperative Development Partners's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Portland?
Maine Cooperative Development Partners was awarded this government contract by City of Portland, as recorded on July 15, 2025.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Portland Housing and Economic Development Committee Minutes July 15, 2025 (Minutes), dated July 15, 2025 from City of Portland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Maine Cooperative Development Partners hold?
Maine Cooperative Development Partners 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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