Committee sets Eastview Terrace Phase 1 per-unit payment at $4.50 to enable recapitalization
The joint community development and tax abatement committee voted June 23 to set the per-unit payment for the proposed extension of the Eastview Terrace Phase 1 cooperation agreement at $4.50, balancing the developer’s financing needs against concerns about resident affordability.
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The Board of Alders’ joint community development and tax abatement committee voted June 23 to set the per-unit payment for an extension of the Eastview Terrace Phase 1 cooperation agreement at $4.50 per unit.
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