TITLE
ORDER APPROVING THE APPLICATION FROM DIXWELL HOUSING ASSOCIATES LLC (AKA PARTNERSHIP BETWEEN NON-PROFIT DEVELOPERS BEULAH LAND TRUST CORP. AND HELP DEVELOPMENT CORP) FOR TAX ABATEMENT FOR THE 340+ DIXWELL AVENUE INCLUSIVE OF THE MERGED LOTS OF 340 DIXWELL AVENUE, 316 DIXWELL AVENUE, AND 783 ORCHARD STREET).
BODY
WHEREAS, the City of New Haven (the "City") is the owner of those certain parcels of land located in the Newhallville neighborhood of the City, consisting of approximately 1.783 acres and located at DIXWELL HOUSING ASSOCIATES LLC (aka Partnership between non-profit developers Beulah Land Trust Corp. and HELP Development Corp) for Tax Abatement for the 340+ Dixwell Avenue inclusive of the merged lots of 340 Dixwell Avenue, 316 Dixwell Avenue, and 783, New Haven, Connecticut (together the "Property"); and
WHEREAS, the DLDA provides for the construction of a mixed-used project that will promote affordable housing; and
WHEREAS, the DLDA provides for a twenty (20) year Payment In Lieu Of Taxes Agreement (the "Tax Agreement") between the City and DIXWELL HOUSING ASSOCIATES LLC (aka Partnership between non-profit developers Beulah Land Trust Corp. and HELP Development Corp) with respect to said affordable units to be constructed and maintained as a requirement of the Project upon the specific terms and conditions set forth on the Tax Agreement and the DLDA; and
WHEREAS, On November 7, 2019, the Board of Alders adopted a Resolution, effective for five (5) years, authorizing the City of New Haven to undertake programs and projects as authorized under the Connecticut City and Town Development Act (the "Act") to assume and, as appropriate, to exercise all of the rights, powers, obligations and privileges under said Act, which Act includes the authority to enter into an agreement with respect to payment in lieu of taxes, and authorizing such other actions as may be necessary to implement the purposes of the Act (File Number LM-2019-0556); and
WH...
Click here for full text