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ECONDEV-L  December 2021

ECONDEV-L December 2021

Subject:

Re: Tax Abatement for Residential Development

From:

Tim Ryan <[log in to unmask]>

Reply-To:

[log in to unmask]

Date:

Thu, 9 Dec 2021 10:44:01 -0500

Content-Type:

text/plain

Parts/Attachments:

Parts/Attachments

text/plain (65 lines)

*Message sent from a system outside of UConn.*


Jim,
I've attached a link to Wallingford's Incentive Housing Zone Tax
Incentive. The IHZ is in our Town Center and has an affordable housing
component to any mixed use project.
Hope this helps. Call with questions.
Tim

https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.wallingford.ct.us%2FCustomer-Content%2Fwww%2FCMS%2Ffiles%2FRPTaxIncIHZ120820.pdf&amp;data=04%7C01%7C%7C4d820105a3644cdda5d408d9bb2ab931%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637746614432922457%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&amp;sdata=pkT2TXUaCH1z98xPhzLUgMMiu18jWmvqxAPH76eM8AY%3D&amp;reserved=0




---
Tim Ryan
Economic Development Specialist
Town of Wallingford
Office: 203-294-2062
Cell:  203-631-2354
Email: [log in to unmask]
Web site:  https://nam10.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.plugin2wallingford.com%2F&amp;data=04%7C01%7C%7C4d820105a3644cdda5d408d9bb2ab931%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637746614432922457%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&amp;sdata=N%2BgRgaiLmqHpySHud%2FwDV9VV13dQpkspcmnNhz9JeEg%3D&amp;reserved=0
LinkedIn: https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fwallingfordedc&amp;data=04%7C01%7C%7C4d820105a3644cdda5d408d9bb2ab931%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637746614432922457%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&amp;sdata=a402bJ1waFEvuxas5Kd9WG7DUTvQ6Abq%2FcGXGd33UcM%3D&amp;reserved=0
Instagram: https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.instagram.com%2Fwallingford.ct%2F&amp;data=04%7C01%7C%7C4d820105a3644cdda5d408d9bb2ab931%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637746614432932447%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000&amp;sdata=lgWKBJb1zY7iyZS9d8EnnS1Lm2Mys5JntYGbhVn9DQk%3D&amp;reserved=0

On 2021-12-09 10:08, Burke, Jim wrote:
> *Message sent from a system outside of UConn.*
>
> Good Morning,
>
> We are looking at revising policies related to tax abatement/fixed
> assessment agreements for new residential and/or mixed-use development
> in town center.  We would like to know which cities/towns currently
> use abatements for residential and or mixed-use development and how
> they are applied.
>
> What percentage is abated?  For how long a term? Is there a
> requirement for affordability? How long is affordability required? Is
> there a minimum investment or other requirement?  What statutory
> authority do you cite for your abatement program/policy?
>
> Thanks and happy holidays to you all.
>
> -Jim
>
> JAMES BURKE AICP
>
> ECONOMIC DEVELOPMENT DIRECTOR | TOWN OF WINDSOR
>
> 275 BROAD STREET | WINDSOR, CT | 06095
>
> 860.285.1877 | [log in to unmask]
>
> -------------------------
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********************
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