Providence BUILD Act Affordable Housing Tax Stabilization
Sector: Commercial • Location: Providence, Rhode Island, United States
Source: Rhode Island Current
The Providence BUILD Act is a proposed ordinance to create a new tax stabilization structure for eligible affordable housing developments in Providence. It aims to ease tax burdens during construction by using tax stabilization agreements during the gap between building and occupancy, preventing full property tax bills before units are occupied. The ordinance targets low- and moderate-income restr
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Participants
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Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Providence BUILD Act is a proposed ordinance to create a new tax stabilization structure for eligible affordable housing developments in Providence. It aims to ease tax burdens during construction by using tax stabilization agreements during the gap between building and occupancy, preventing full property tax bills before units are occupied. The ordinance targets low- and moderate-income restricted housing developments and includes provisions for projects needing significant rehabilitation or mixed residential and commercial projects. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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