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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateOregon
Effected JurisdictionCity of Salem
Jurisdiction type: Municipality
Fiscal year ending In2022
Program nameMultiple Unit Housing
Program purpose: General Economic Development
Statutory authority: Oregon Revised Statutes (ORS) 307.600 to 307.637
Abating jurisdiction(s): City of Salem
Applicable taxesProperty Tax
Method of abatement: (not specified)
Provisions for recapture: (not specified)
Gross revenue loss: $351,077
Reimbursement / offset: $0
Net revenue loss: $351,077
Type of loss: Active
Additional notes on dislosureWith the company Pringle Square South LLC
Document sourcehttps://www.cityofsalem.net/home/showpublisheddocument/18500/63810798019...