CONTRACTPENDING

Sacred Heart Lofts LLC seeks TIE approval

City of Fall River
Disclosed value
$10,629,872
From agenda
Document date
Feb 15, 2024
Term
10 year exemption

The 30-second brief

What it covers

Sacred Heart Lofts LLC seeks approval for a Tax Increment Exemption (TIE) agreement to support a $10,629,872 housing development project. The project aims to create 46 market-rate residential units at 160 Linden Street, with a ten-year exemption schedule.

Who holds it

Sacred Heart Lofts holds this tax increment exemption contract with City of Fall River. Its other public contracts on record include work for Town of Fall River and Fall River village.

What happens next

Term as filed: 10 year exemption.

See who signed off on this $10.6M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Tax Increment Exemption
Amount
$10,629,872
Document date
February 15, 2024
Term
10 year exemption
Source document
city-of-fall-river-council-meeting-agenda-february-15-2024_4b6.pdf (Agenda)

Sacred Heart Lofts's other public contracts

More City of Fall River contracts

Questions about this contract

Who was awarded the tax increment exemption contract by City of Fall River?

Sacred Heart Lofts was awarded this tax increment exemption contract by City of Fall River, as recorded on February 15, 2024. The contract value is $10,629,872.

How much is the Sacred Heart Lofts contract with City of Fall River worth?

The Sacred Heart Lofts contract with City of Fall River is valued at $10,629,872, covering tax increment exemption work.

What type of contract is this?

This is a Tax Increment Exemption contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-fall-river-council-meeting-agenda-february-15-2024_4b6.pdf (Agenda), dated February 15, 2024 from City of Fall River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Sacred Heart Lofts hold?

Sacred Heart Lofts 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 Fall River currently buying?

Explore City of Fall River's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →