Projects

The IDA projects are in the process of being updated. For the most current project information, please view our 2022 PARIS Report (PDF).

  1. 10 River Street

10 River Street - Former Old Brick BuildingRedevelopment of the former Old Brick Furniture building located at 2-10 River Street into 80 apartment units.

  • Project Approved: June 16, 2017
    Type of Assistance: Mortgage Recording Tax Exemption, Sales Tax Exemption and Payment in Lieu of Taxes (PILOT)
    Total Project Amount: $13,508,827
    Job Creation: 2 New Jobs  
  • Additional Documents: Application, Authorizing Resolution, Project Agreement, PILOT Agreement
  1. 25 Morrison Ave 

Redevelopment of a current apartment complex consisting of two 2-story apartment buildings containing 81 residential apartment units. 

Project Approved: July 13, 2016
Type of Assistance: Mortgage Recording Tax Exemption, Sales and Use Tax Exemption and Payment in Lieu of Taxes (PILOT)
Total Project Amount: $4,600,000
Job Numbers: 2 New Jobs
Additional Documents: Application, Authorizing Resolution, Project Agreement, PILOT Agreement