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Developer asks Lansing council for 32-year PILOT to fund $12–13 million rehab at Pine Brook Manor
Summary
Standard Communities asked the council to approve a 32-year payment-in-lieu-of-taxes (PILOT) to finance a $12–13 million tenant‑in‑place renovation of Pine Brook Manor, a 136‑unit Section 8 property; developers said residents’ rents would remain governed by federal contracts, while some public speakers urged council caution on long-term tax breaks.
Standard Communities representatives told the Lansing City Council on Dec. 8 that a 32‑year payment‑in‑lieu‑of‑taxes agreement is necessary to finance a comprehensive $12–13 million renovation of Pine Brook Manor, a 136‑unit property serving low‑income households under project‑based Section 8 contracts. Aaron Thomas, speaking for Standard Communities, said the work would be a tenant‑in‑place rehab that does not raise tenants’ rents because “the federal government pays the rest” under the Section 8 contract and the company had signed a new 20‑year contract to keep the property affordable for two decades.
The developer told council the requested PILOT…
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