Medium PriorityDevelopmentopen
Cathedral Park tax abatement extension to 2043
Summary
The tax abatement for the Cathedral Park affordable housing project at Clifton and Mt. Prospect Avenues now runs through August 2043 so it matches the federal housing payment contract. It keeps affordable housing in place but defers some tax revenue.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Feb 18, 2026.
Impact analysis
💰Financial impact
Property tax revenue on Block 491, Lot 54 is deferred under the abatement through 2043.
✅Who benefits
Residents of the affordable housing project and the developer.
Mentions & discussions (1)
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