Thursday, March 19, 2015

It's OK on City Property But Not Yours!


This photo was taken Thursday at 7pm, March 19th 2015. It's a photo of 1709 Salem Ave in Hurt Park. The property utilizes the Low Income Housing Tax Credit Federal housing program. The property received a tax credit allocation in 2009 for $636,674 with a 10 year value of $6,366,740.

Roanoke City government tore down the apartments that were there and rebuilt new apartments in the name of Hurt Park Limited Partnership.Hurt Park Limited Partnership has a principal owner address listed at the Roanoke Redevelopment and Housing Authority. Of which all Authorities are quasi private businesses that have been granted governmental powers.

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