NEWSLETTER FEB. 6TH, 2013

NEWSLETTER FEB. 6TH, 2013

Tuesday, February 12, 2013

The Mayor’s Office of Housing Turns Away C.O.P. Holders at Fillmore Park Townhomes, While Sitting on $4 Million Dollars

By Jed Crawford

32 brand-new affordable town-homes were built by the City in May 2012 at 1345 Turk Street designated for Certificate of Preference (COP) holders.    As of Oct 2012 there  are only 2 remaining units with no COP holders moving in. 
 
By chance, the Mayor’s Office of Housing (MOH) is also managing an unused 4-million dollar fund set aside for home ownership in Fillmore.
 
In 2012 lenders required the highest credit scores in a decade, regardless  COP holders were turned away at 1345 Turk Street because they could not secure a bank loan.   With a 4-million dollar fund loan money for 13 town-homes could have been provided by MOH. 

 

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Supervisor London Breed Inauguration - Jan 2013

Supervisor London Breed Inauguration - Jan 2013

RECAP: Workshop Wednesdays" at the Fillmore Mini Park from NOV-DEC 2012

RECAP: Workshop Wednesdays" at the Fillmore Mini Park from NOV-DEC 2012