In 1992, a developer bought the property and received preliminary approval for the construction of 20 homes.
Yet the developers did receive some benefits beyond having a selling point for potential tenants, state economic development officials said.
In July 2009, the developers received approval to increase the dwelling unit count by 35 to 754.
Costs per job in schemes where developers had received assistance to improve property for use by others were much lower.
By using tax-exempt bonds the developers are also receiving other benefits.
If the idea is approved and the developer receives funding, a full-scale development begins.
Under the program, developers receive a loan from the housing corporation for at least half of a building's construction cost.
As a tradeoff, the developers have received favorable zoning changes or access to public land.
A local competition is then held to decide which developer receives the contract.
However, reports claim that the developer received new development kits after returning.