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Grand Forks County Commission rejects 20-year Brookstone tax pilot after public opposition
Summary
After public comments and a city/developer presentation, the commission voted unanimously to deny a proposed 20-year, up-to-90% tax pilot for the Brookstone affordable-apartment project; commissioners and speakers raised concerns about long-term taxpayer risk and school impacts.
Grand Forks County commissioners voted unanimously to decline participation in a proposed 20-year, up-to-90% property-tax pilot for the Brookstone apartment project after public opposition and a developer presentation.
The Brookstone proposal was presented to taxing entities by Todd Phelan of the City of Grand Forks and developer representative Curtis Regan. Phelan described the plan as a low- and moderate-income housing project that would rely on federal low-income housing tax credits and state HIF funding, with the pilot period tied to the tax-credit affordability period. Phelan said the project’s estimated incremental…
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