CHA Board Approves Land Lease At Cromwell Hills For New Affordable Housing Project

Friday, January 10, 2014

The board of the Chattanooga Housing Authority on Friday at a special called meeting approved a long-term ground lease of 21 acres at Cromwell Hills for a private affordable housing project.

Mike Sabin, development manager, said Pennrose Properties was the only firm to submit a proposal.

He said the tentative price that is still being negotiated is $400,000.

Mr. Sabin said there was an earlier appraisal of the property on Cromwell Road of $157,000, though he said that may be on the low side.

Elizabeth McCright, CHA executive director, said the move supports the agency's mission of providing affordable housing, though it will not be involved in the new housing.

Mr. Sabin said it is believed that all the infrastructure is in place at the site.

Rents are expected to be in the $500-$600 range with a number of Section 8 vouchers involved.

The firm plans to apply for tax credits.

Heritage Landing Sued After Homeowner Falls In Manhole

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Real Estate Transfers For Oct. 1-7

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

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Woman Stabbed To Death On Hooker Road; Man Injured; Suspect Being Interviewed

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The Facts About Jail

Since Roy had such a positive reaction to Jeffrey Cross's wonderful (and wonderfully civil--how refreshing) email response to his column on the bike lanes, allow me to speak on the subject of the jail.  First off, Roy's right about some things:  It is overcrowded, underfunded, and understaffed.  This is no secret, it's in the Grand Jury report every term.  Here's ... (click for more)

Roy Exum: We Must Learn To Tell

On July 4th of this year, FBI agents – acting on a tip -- arrested Alexander Ciccolo, a 23-year-old with known mental problems, as he carried a duffle bag full of automatic attack weapons. Moments before, he had bought the illegal firearms from an undercover informant outside of Boston. As agents later scoured his apartment, they found bomb-making equipment including a pressure ... (click for more)