Board Bill Number 56 In Session 2020-2021
Chapter 99 Redevelopment Plan for 4635 and 4627 Ridgewood
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 4635 and 4627 Ridgewood Ave. Redevelopment Area. This Board Bill will allow up to a 10-year tax abatement based on 95% of the assessed value of the incremental improvements. The project consists of the renovation a multi-family project consisting of 273 senior (62+) and disabled low-income housing units spread across two buildings.
Download
- Introduced (3.09 MB PDF)
- Fiscal Notes (86.10 KB PDF)
Overview
Session: 2020-2021
Primary Sponsors: Carol Howard
Ordinance: 71206 effective 08/24/2020
Committee: Neighborhood Development
Legislative History
Legislative activities for this board bill. Learn more about what these activities mean.
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06/05/2020
First Reading
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06/23/2020
Second Reading
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06/26/2020
Perfection
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07/08/2020
Third Reading
Votes
07/08/2020 Vote Results
Ordinance
Ordinance Number: 71206
Effective Date: 08/24/2020