$36M housing complex in city seeks tax break
YOUNGSTOWN – A company building a $36 million, 120-unit affordable housing apartment complex at the site of the former Woodside Receiving Hospital wants a 100%, 15-year tax abatement for the project. Stephanie Gilchrist, the city’s economic development director, said at Monday’s council Community Planning and Economic Development Committee meeting that Homestead Crossing Apartments seeks the tax break. Any abatement request of more than 75% first needs the approval of the Youngstown school board. Gilchrist said the request will then be in front of city council at its next ...
