TIF Board approves exemptions for three housing projects

Tax Increment Financing Board · Meeting of October 6, 2026

FALL RIVER — The Tax Increment Financing Board approved tax increment exemption agreements for three Fall River housing projects. Attorney Thomas introduced a 49-unit project at the former Sylvia School site on Hartwell Street, a 147-unit rehabilitation of Charlton Mill at 109 Howe Street, and 16 studios in the old Connell School at 650 Plymouth Avenue. Attorney Fiola said the Hartwell project is about a $21 million investment and that Charlton Mill's cleanup cost roughly $3 million to $5 million.

Each agreement follows an 80 percent exemption for five years, then 20 percent for five. Fiola called Connell Lofts a way to put a "blighted piece of property" to "productive use." The agreements head to City Council.

In the full story:

• Opening business
• Item 6: Hartwell Street, the Thomas Alva Edison Building
• Item 7: Charlton Mill Lofts LLC, 109 Howe Street
• Item 8: Connell Lofts LLC, 650 Plymouth Avenue
• Who Was There
• Organizations And Documents Referenced
• The complete report: 1,159 words

Source: the Tax Increment Financing Board meeting of October 6, 2026, reported from the official video recording and transcript.

Checked against the record: before publication this article was automatically compared with the meeting transcript. It was corrected where it differed.