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Tamarisk Apartments PILOT assignment

City of Kentwood
Detected
Oct 20, 2026
18 days ago
Sector
Administration & Finance
Detected 18 days agoOct 20

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From the meeting

The October 12, 2026 committee of the whole packet included a second amendment and assignment for the Tamarisk Apartments payment in lieu of taxes (PILOT) agreement. Tamarisk Apartments Limited Dividend Housing Association assigned its rights to Tamarisk Apartments Owner Limited Dividend Housing Association, and the city consented to the assignment. The agreement keeps the existing PILOT in place and shows a continuing ownership/admin cycle tied to the apartment complex at 4520 and 4501 Bowen Boulevard SE.

This is useful for follow-on financing and compliance work, not a new procurement.

Meeting date
October 20, 2026
Agency
City of Kentwood

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