Description
30 units of permanent supportive housing for chronically homeless residents, backed by a 30-year credit enhancement agreement (75% tax return) and a TIF district. Both passed 6-3.
Impact summary
The project moves 30 of the city's most vulnerable homeless residents into permanent housing with 24/7 services, while the city forgoes 75% of the property's taxes for 30 years.
Applicant
- Name
- Bangor Housing Development Corporation
- Address
- 205 Corporate Drive (portion)
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · City Council
Approved6–3
Last discussed Aug 10, 2026.
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