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Columbia County board approves ad valorem rebate for 30-duplex workforce housing project
Summary
The Columbia County economic development board approved a county-only ad valorem tax rebate for a developer proposing 30 duplexes (60 rental doors) after staff said the project meets the county's housing incentive scorecard requirements. The rebate is 95% of the county portion for five years based on an estimated $14 million capital investment.
The Columbia County Economic Development Board on a voice vote approved a developer request for a county-only ad valorem tax rebate to support a 30-duplex (60-door) market-rate rental project.
County economic development staff said the project meets the county's housing-incentive scorecard criteria and that the developer seeks a rebate equal to 95% of the county portion of ad valorem property taxes for five years based on a $14,000,000 capital investment.
Staff described the development as 30 duplexes (60 rental units) to be built as fee-simple, market-rate units (three-bedroom, two-bath floor plans with single-car garages cited in the packet). The developer said…
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