PILOT Agreement with Kaukauna Housing Authority BackgroundPilot Agreement • November 11th, 2021
Contract Type FiledNovember 11th, 2021In connection with the RAD program, the Kaukauna Housing Authority intends to ground lease the KHA Property and the 11th Street Property to the LLC such that the LLC may operate the KHA Property and the 11th Street Property as an affordable housing project pursuant to the RAD program. The Housing Authority has been making payments in lieu of taxes ("PILOT") to the City with respect to the KHA Property. Housing Authority and City Staff have determined that it is in their best interests to enter into this Agreement to memorialize the terms and conditions with respect to future PILOT payments for the KHA Property and the 11th Street Property.