The City Council, at its July 19 meeting, gave the second of two mandated approvals to an ordinance authorizing a Tax Incremental Financing agreement, a “TIF,” between the city and the developers “East Point” project in Rumford, amending the initial pact to include a new partner, the local non-profit Aldersbridge Communities.

“Aldersbridge at East Point” is now part of the endeavor, a four-story, modern apartment building with 39 units of affordable, independent living-style housing for LGBTQI+ elders and their loved ones.

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