The Joint City Services and Environmental Policy/Tax Abatement Committee will hold a public hearing on Thursday, May 3, 2018, at 5:30 P.M, in the Aldermanic Chambers, 165 Church St., New Haven, to act upon the following items;
ORDER OF THE NEW HAVEN BOARD OF ALDERS APPROVING THE EXECUTION OF A TAX ABATEMENT AGREEMENT BETWEEN THE CITY OF NEW HAVEN AND TAOM HERITAGE NEW HAVEN, LLC FOR PROPERTY LOCATED AT 133 HAMILTON STREET TO BE USED AS AFFORDABLE HOUSING IN ACCORDANCE WITH SECTION 8‑215 OF THE CONNECTICUT GENERAL STATUTES
ORDER OF THE BOARD OF ALDERS OF THE CITY OF NEW HAVEN APPROVING A GRANT OF AN AMOUNT NOT TO EXCEED $400,000 TO TAOM HERITAGE NEW HAVEN, LLC, FOR ENVIRONMENTAL CLEANUP OF THE PROPERTY LOCATED AT 133 HAMILTON STREET TO ACCOMMODATE LOW INCOME ARTIST HOUSING
These items are filed with the City Clerk and may be inspected at Room 202, 200 Orange St., New Haven. Per order: Hon. Sal DeCola and Hon. Ernie Santiago, Co-Chairs. Attest: Michael Smart, City Clerk.
If you need a disability related accommodation, please call three business days in advance 203 946 8122 (voice) or 203 946 8582 (TTY).
Will the 'Evan Trachten/LCI affordable housing formula' be used to 'confirm' the rental rates of this 'artist' housing?
Will ALL the units be set aside as 'affordable housing'?
Will the units remain 'affordable' and rent controlled?
What if the tenants income increase beyond the limits of the affordable % limits, will they be forced to move or will their rents increase?
What happens if they can't fill all the units with artists? Will the units still rent at 'affordable' and to what special class will the units be made available to ... or unavailable to?
And finally, what qualifies one to be categorized as an artist to be qualified for one of thes affordable units?
It would seem that some answers to these questions would help to justify why the developer should or should not be issued a tax abatement agreement.