Kennedy Street Affordable Housing Agreement Recommended

The City recommended authorizing a development agreement with Kennedy Street Owner, LP for a 48-unit affordable apartment community near the Kennedy Street Parking Garage. The developer intends to invest at least $18 million in design, development, and construction, with a proposed 20-year special source revenue credit arrangement.

Document date · September 14, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Not less than $18,000,000 project investment

Contract type

OTHER

Renewal

Development agreement includes a proposed 20-year Special Source Revenue Credit period after project completion and placement in service; final execution may include minor negotiated modifications.

Document type

AgendaPacket

Source document

City of Spartanburg AgendaPacket City Council Meeting 2026-09-14

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Other contracts from Kennedy Street Owner Lp.

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City of Spartanburg Agenda September 14, 2026

PENDING

City of Spartanburg, South CarolinaSep 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Spartanburg?

Kennedy Street Owner Lp was awarded this government contract by City of Spartanburg, as recorded on September 14, 2026. The contract value is Not less than $18,000,000 project investment.

How much is the Kennedy Street Owner Lp contract with City of Spartanburg worth?

The Kennedy Street Owner Lp contract with City of Spartanburg is valued at Not less than $18,000,000 project investment.

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 City of Spartanburg AgendaPacket City Council Meeting 2026-09-14 (AgendaPacket), dated September 14, 2026 from City of Spartanburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kennedy Street Owner Lp hold?

Kennedy Street Owner Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Kennedy Street Owner Lp's profile

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