Senior Living Expansion Tax Incentive at 1001 Caddy Ave
Summary
The council approved a housing-with-health-related-services tax incentive to help BeeHive Homes expand the senior living community at 1001 Caddy Ave. The incentive reduces the property tax burden on the new expansion to make the assisted-living project pencil out, adding senior housing capacity in Moorhead.
At a glance
- Total mentions
- 1
- Last 30 days
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Last discussed Mar 9, 2026.
Impact analysis
The expansion gets a property tax incentive, meaning some future tax revenue on the new construction is foregone to make the senior housing project viable.
Seniors seeking assisted living in Moorhead, plus the developer whose project becomes financially feasible.
No opposition was voiced, though the incentive temporarily reduces property tax revenue the city would otherwise collect on the expansion.
Mentions & discussions (1)
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