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Commissioners receive notice of CRA abatement for 156-unit Founders Grove development in Mount Vernon
Summary
County staff notified commissioners that the City of Mount Vernon has enacted a CRA abatement for a proposed 156-unit, age-targeted rental development called Founders Grove; the county was given notice (not approval), and staff outlined negotiated abatement terms and estimated local revenue impacts.
Chair opened the meeting and introduced Sam Filkins of the Area Development Foundation to brief the board on a community reinvestment area (CRA) abatement tied to a Mount Vernon multifamily project.
Filkins said the project, called Founders Grove, sits on Upper Gilchrist Road north of the Brockford Apartments and would be a 156-unit, age‑targeted rental community developed by Lemon Development. "They're gonna be investing over $40,000,000 into the site," Filkins said, adding that the project will include mostly duplex units and four small apartment buildings along with amenities such as courts.
Filkins stressed that the county was being given formal notice of the…
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