At SHG, our development projects always seek to add to the overall character and quality of the communities we partner with, but they also provide additional civic benefits which are essential.
At full buildout, our current projects will yield approximate annual net tax payments to our municipalities in excess of $7.5MM. This represents a bondable value greater than $150MM, at no cost to the citizenry of the cities and towns in which we work.
In addition, our developments include the creation of over 200 affordable housing units for our municipal partners (to date and in progress). We’re proud that these below market rate units offer new, clean housing options for the people who work in and serve the communities in which we’re building.