66 Troy Street LLC seeks TIE approval
Town of Fall RiverCity · KS- Disclosed value
- $10,735,362
- From minutes
- Document date
- Nov 14, 2023
- Term
- 10 years
The 30-second brief
66 Troy Street LLC seeks TIE approval to amend the previously approved August 2021 Tax Increment Exemptions (TIE) for 66 Troy Street and apply for a revised TIE and a Housing Development Incentive Program (HDIP) Tax Credit award from the Massachusetts Executive Office of Housing and Livable Communities (EOHLC) The request to amend the previously City Council approval is based upon the fact that the developer intends to increase the number of one and two bedroom market rate residential units from 27 to 36 at 66 Troy Street which has a poverty level of 47% in this location. (Census Tract 6411.01) While HDIP require that a minimum of 80% of the units be market rate all of the units will be market rate..
66 Troy Street holds this tax increment exemption contract with Town of Fall River. Its other public contracts on record include work for City of Fall River and Fall River village.
Term as filed: 10 years.
See who signed off on this $10.7M contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Tax Increment Exemption
- Amount
- $10,735,362
- Document date
- November 14, 2023
- Term
- 10 years
- Vendor
- 66 Troy Street
- Agency
- Town of Fall River
- Source document
- city-of-fall-river-city-council-meeting-minutes-november-14-2023_039.pdf (Minutes)
66 Troy Street's other public contracts
More Town of Fall River contracts
Questions about this contract
Who was awarded the tax increment exemption contract by Town of Fall River?
66 Troy Street was awarded this tax increment exemption contract by Town of Fall River, as recorded on November 14, 2023. The contract value is $10,735,362.
How much is the 66 Troy Street contract with Town of Fall River worth?
The 66 Troy Street contract with Town of Fall River is valued at $10,735,362, covering tax increment exemption work.
What type of contract is this?
This is a Tax Increment Exemption contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-fall-river-city-council-meeting-minutes-november-14-2023_039.pdf (Minutes), dated November 14, 2023 from Town of Fall River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does 66 Troy Street hold?
66 Troy Street 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 Town of Fall River currently buying?
Explore Town of Fall River's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.