Ms. Carol Martin's proposal for Corbin Heights & the Pinnacle Heights extension gets State Bonding Commission Approval for her renewal plan that she presented to the city Council recently and obtained its approval as well.
Ms. Martin's plan will certainly improve that area of the city with single and two family homes that will eventually will be owned by the tenants.
Her plan embraces the new HUD approach to eventual home ownership.
Alderman Carlo Carlozzi Jr. who happens to live near the area praised Ms. Martin's plan at the council meeting because it would improve that area of town.
The council Minority Leader, Alderman Louis Salvio, also praised the proposal and indicated that Mayor Stewart's administration fought for this to happen nearly for a period of six years to bring this to fruition.
At the same July meeting of the council a new tax structure was approved by the council adding this new property tax to the city's revenue stream.
"Previously, no property taxes were collected since this was a state housing project. PILOT monies collected were insufficient."
frank smith
When I saw the headline, I thought it was describing the neighborhood that O'Brien lives in.
ReplyDelete