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Council reconfirms Monroe tax‑abatement, extends designation to 2028 for 57‑unit affordable housing
Summary
The South Bend Common Council voted unanimously to amend a 2022 declaratory resolution so a proposed 57‑unit low‑income project can keep its tax‑abatement benefits; city staff said the change corrects wording and extends the designation period to 2028.
The South Bend Common Council on Monday approved a substitute resolution amending declaratory Resolution No. 4972‑22 so that a proposed low‑income housing project on a city‑owned lot at Monroe and Michigan can retain a previously granted tax abatement and finish within an extended designation period.
Eric Glavich, director of Growth and Opportunity, told the council the amendment corrects wording that mistakenly mixed language from a confirming resolution into the original declaratory text and formally extends the project’s designation period. “This project would be a 57‑unit low income apartment building at the corner Monroe and Michigan,” Glavich said, and he said the total investment would be “no less than $21,300,000.”
The change was presented as technical cleanup and a reconfirmation so the developer can qualify for the low‑income housing tax credit award that required city support. Glavich said the original declaratory resolution adopted in August 2022 correctly designated the parcels and set a three‑year designation period that has since lapsed; the substitute extends that designation period to 2028 so the developer can complete the project and receive the full abatement schedule the council intended in 2022.
Developer Deborah Peters did not add comments during the public hearing. Council members thanked Peters for perseverance in moving the project through planning and financing hurdles, noting the item had cleared the Community Investment Committee earlier in the day with a favorable recommendation.
A motion to accept the substitute passed on a voice vote and the roll call on adoption recorded nine ayes. The resolution amends the earlier 4972‑22 declaratory resolution and reconfirms the abatement schedule and designation period for the Monroe project.
The council closed the public hearing after no members of the public registered to speak for or against the measure.
Details about subsequent steps — including final permitting, financing closings, and any redevelopment commission approvals required to start construction — were not specified during the meeting.
