Crawford Door affordable housing PILOT
Summary
A $42.7 million adaptive reuse of the former Crawford Door building into 134 affordable apartments (50-60% AMI) with a relocated EVPL branch. The trade-off: property tax exemption for 40 years in exchange for $26,500 annual payments starting 2029, rising 1% a year. Council approved it unanimously after probing questions about the unusual 40-year length.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 28, 2026.
Impact analysis
The city forgoes standard property tax revenue for 40 years but receives $26,500/year (rising 1% annually) from 2029 — the full city share since the county exemption doesn't apply.
Income-eligible renters (50-60% of area median income), the Jacobsville neighborhood, and a future relocated EVPL branch.
Other property taxpayers could absorb a slightly larger share if taxes are abated.
Mentions & discussions (1)
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