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Developer asks CRA to reopen review of Gaines/Lorraine student housing tax-abatement request
Summary
Representatives of MDL Tallahassee asked the CRA board on May 15 to direct staff to re-evaluate a denied request for project assistance for a 184-unit plan at Gaines and Lorraine; staff said the denial cited CRA policy against spending on student housing.
Representatives of MDL Tallahassee asked the CRA board on May 15 to direct staff to meet with the development team and re-evaluate a previously denied request for project assistance at 730 West Gaines Street (corner of Gaines and Lorraine). Matt Bryant, representing MDL, told the board the site has a site-plan approval for a 184-unit multifamily development and that MDL’s April 22 request sought tax incentives in the form of a post-completion abatement on increased property taxes rather than CRA…
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