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Council confirms 9-year tax abatement for Allen Edwin Homes to build 16 residential units in Near Northwest
Summary
The council adopted a 9-year real property tax abatement confirming a declaratory resolution to support Allen Edwin Homes’ plan to build 16 residential units (12 affordable rentals under 120% AMI) on city-owned vacant parcels at Marion and Leland; staff said the investment is estimated at $2.5 million.
The South Bend Common Council on May 12 adopted Resolution 25-30 confirming a declaratory resolution that designates multiple city parcels as an Economic Revitalization Area and authorizes a nine-year real property tax abatement for Allen Edwin Homes, which plans to construct 16 residential units near Marion and Leland in the Near Northwest neighborhood.
Eric Glavich, director of Growth…
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