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Linn County Awards $920,000 Tax Abatement Contract to Twenty 40 Building Concepts (January 2025)

Linn County logoLinn County
Disclosed value
$920,000
From resolution
Approved
Jan 1, 2025
Term
10 year

The 30-second brief

What it covers

Linn County approves a 10-year, 100% tax abatement incentive, estimated at $920,000, for Twenty 40 Building Concepts Inc's single-family workforce housing project. This initiative aims to support the development of 15 residential units.

Who holds it

Twenty 40 Building Concepts holds this tax abatement contract with Linn County.

What happens next

Term as filed: 10 year.

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Contract details

Contract type
Tax Abatement
Amount
$920,000
Document date
January 1, 2025
Term
10 year
Vendor
Twenty 40 Building Concepts
Agency
Linn County
Source document
resolution_2025_4_support_for_workforce_housing_ta.pdf (Resolution)

Twenty 40 Building Concepts's other public contracts

Linn County, IowaLinn County supports housing tax credit application · Jan 1, 2025UndisclosedAll Twenty 40 Building Concepts contractsVendor profile

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Questions about this contract

Who was awarded the tax abatement contract by Linn County?

Twenty 40 Building Concepts was awarded this tax abatement contract by Linn County, as recorded on January 1, 2025. The contract value is $920,000.

How much is the Twenty 40 Building Concepts contract with Linn County worth?

The Twenty 40 Building Concepts contract with Linn County is valued at $920,000, covering tax abatement work.

What type of contract is this?

This is a Tax Abatement contract, documented as a resolution record.

Where was this contract approved?

This contract appears in resolution_2025_4_support_for_workforce_housing_ta.pdf (Resolution), dated January 1, 2025 from Linn County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Twenty 40 Building Concepts hold?

Twenty 40 Building Concepts 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 Linn County currently buying?

Explore Linn County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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