Newburgh Green Apartments PILOT Agreement
Description
A payment-in-lieu-of-taxes agreement tied to Newburgh Green Apartments was proposed, tied to the Kearney-related redevelopment.
Impact summary
A tax deal on the apartments with a habitability protection clause ('Kinney Clause') and community benefits; homeowners and renters want to understand the tax trade-off before it's approved.
Applicant
- Name
- Newburgh Green Apartments Limited Partnership / The Green Housing Development Fund Company, Inc.
At a glance
- Hearings
- 2
- Public comments
- 0
- Total mentions
- 2
Last vote · City Council
Last discussed May 7, 2026.
Meeting timeline (2)
City Council - May 7, 2026
A payment-in-lieu-of-taxes agreement tied to Newburgh Green Apartments was proposed, tied to the Kearney-related redevelopment.
City Council - Apr 27, 2026
The PILOT (payment in lieu of taxes) agreement tied to the Kearney project was tabled 5-1, with Shakur opposed, so the council can review the full financials and tax impact.
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