Bold is mine nto original to article:
A group of residents at the East Hills subsidized housing development filed a federal lawsuit against HUD in July 2006, alleging that a 2004 foreclosure notice, the March 2006 termination of their housing contract and forced relocation were improper.
HUD claimed it was terminating its contract and shuttering the community of 140 townhouses because the cooperative members failed to properly maintain the property as was required. It estimated the cost for repairs at $2.4 million.
In the meantime, in October 2006, HUD purchased the property at foreclosure and immediately turned it over to the Urban Redevelopment Authority to allow the construction of new, mixed-income housing using a $3.4 million grant from HUD."
Additionally: "The record contains evidence from which a reasonable fact-finder could conclude that HUD sought to foreclose upon the property and refused to make feasible repairs in order to facilitate a redevelopment project that it financed," they wrote.
Read more: http://www.post-gazette.com/pg/10253/1086546-455.stm#ixzz0zAXCJC1h
Read more: http://www.post-gazette.com/pg/10253/1086546-455.stm#ixzz0zAXCJC1h
NOTE: What did I say the other day about these grants??? Wouldn't it have been cheaper to have paid for the repairs of 2.4 million and left the renters in??? This is your tax money people. Not to mention the court costs, negative impact on community etc.
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