Ordinance 71206

Chapter 99 Redevelopment Plan for 4635 and 4627 Ridgewood

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Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 4635 and 4627 Ridgewood Ave. Redevelopment Area. This Board Bill will allow up to a 10-year tax abatement based on 95% of the assessed value of the incremental improvements. The project consists of the renovation a multi-family project consisting of 273 senior (62+) and disabled low-income housing units spread across two buildings.

Overview

Session: 2020-2021

Board Bill Number: 56

Sponsor: Carol Howard

Committee: Neighborhood Development

Effective: 08/24/2020

Legislative History

  • 06/05/2020

    First Reading

  • 06/23/2020

    Second Reading

  • 06/26/2020

    Perfection

  • 07/08/2020

    Third Reading

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