Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council reviews 15-year tax abatement for South Ward mixed-use project; housing affordability tiers described
Summary
An ordinance would grant SAT Urban Renewal Entity LLC a 15-year tax abatement for a five-story, 20-unit mixed-use building in the South Ward; council sponsors introduced the measure and gave unit-level affordability details and income restrictions.
The Newark Municipal Council reviewed an ordinance (agenda item 6C) that would grant a 15-year tax abatement to SAT Urban Renewal Entity LLC for a five-story mixed-use building in the South Ward. The project as presented would include 20 residential units and ground-floor commercial space.
Under the terms read into the record, the residential unit mix would…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
