Summary
Developer Pennrose was scheduled to present the Bourne and Kenney Apartments project, paired with a proposed payment-in-lieu-of-taxes agreement with the project's housing development fund company. The PILOT shapes how much the property contributes to city finances.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Last discussed May 21, 2026.
Impact analysis
The PILOT would set an alternative payment in place of full property taxes for the housing development.
Future residents of the affordable housing development and the broader housing supply.
Mentions & discussions (3)
City Council - May 21, 2026
A proposed NEPA finding would clear the way for rehabilitating the Bourne and Kenney Apartments, federally supported affordable housing. The resolution says the project has no significant environmental impact.
City Council - Apr 9, 2026
Pennrose was scheduled to present on the Bourne and Kenney Apartments project, which appears tied to a PILOT agreement. Housing development of this scale can affect neighborhood character, housing supply, and city tax revenue.
City Council - Jan 22, 2026
Developer Pennrose was scheduled to present the Bourne and Kenney Apartments project, paired with a proposed payment-in-lieu-of-taxes agreement with the project's housing development fund company. The PILOT shapes how much the property contributes to city finances.
Related development
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