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Committee approves 15‑year tax agreement for 7‑unit project at 12 East Perry Street
Summary
The tax committee approved a tax‑abatement agreement for a seven‑unit development at 12 East Perry Street. Applicant said the project is 95% complete and will set one unit at 50% AMI and the rest at 80% AMI; staff said the agreement mirrors standard 15‑year abatement terms.
The New Haven Tax Payment Committee approved a tax abatement agreement for a seven‑unit housing project at 12 East Perry Street.
Applicant Shaquille Lamar told the committee the building is new construction, roughly 95% complete, and proposed an affordable‑housing commitment that would set one unit at 50% area median income (AMI)…
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