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Council approves 18-month extension for Gendron Active Living Estates TIF after divided vote, 6-1
Summary
Lewiston council approved an 18-month extension to a previously negotiated TIF credit agreement for the Gendron Active Living Estates market-rate housing project by a 6-1 vote, after the developer said financing and construction-market conditions delayed previously planned timetables.
The Lewiston City Council voted 6-1 to approve an 18-month extension for the Gendron Active Living Estates tax-increment financing (TIF) credit agreement, allowing the developer additional time to secure financing and advance a multi-phase market-rate housing project expected to total about $46.57 million in future assessed value.
Why it matters: The extension reaffirms previously negotiated TIF terms while giving the developer more time to arrange construction financing amid continued supply and cost pressures. The proposal drew a dissenting vote from one councilor who said constituent opposition to the project informed their decision.
Developer request and TIF terms: City staff said the…
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