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.



Real Estate Transfers For Nov. 6-12

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 Chattanoogan.com 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)

Neighbors Want Signed Covenant On Restrictions For Issa Project On East Brainerd Road

Neighbors said they want a signed covenant on agreed restrictions for a $25 million development by Bassam Issa on a large tract at East Brainerd Road and Ooltewah-Ringgold Road. Mark West, a neighbor leader, said the agreement was hammered out after 16 meetings between the developer and the group. However, he said many of the restrictions were not included in the resolution ... (click for more)

Lookout Mountain, Ga., Raises Sewer Rates; Joins In Kudzu Fight

The Lookout Mountain, Ga., City Council on Thursday night approved an increase in sewer charges. The council approved ordinance 281 increasing sewer rates to $6 per 100 cubic feet of water from the previous rate of $4.77.  The new increase will be in effect in January 2015.    City Manager Brad Haven said the town will be replacing the flow meter for ... (click for more)

Police Investigating An Armed Robbery On Friday Night At UTC

UTC Police are investigating with the Chattanooga City Police an armed robbery in Lot 4 near Boling Apartments on Friday night. The suspects are described as two black men.  One was six feet tall, wearing a navy jacket, with medium skin tone and short hair.  The other suspect was reported to be 5’ 7”, wearing blue jeans and a long white T-shirt. The second suspect ... (click for more)

Don't Allow Us To Be Overrun By People Who Do Not Belong Here - And Response (6)

Thank you, Senator Corker, for your clear, concise evaluation of the president's attempt to bypass Congress and personally and independently establish national policy that violates our current immigration laws.   Our long-standing failure to enforce our laws to control illegal immigration across our southern border has made this country less safe and ... (click for more)

Roy Exum: Our Tubman Goat-Roping

Every spring there comes a bright day on the ranch when the straw-boss decrees a goat-roping should take place. What really happens is the veteran cowboys arm the greenhorns with some lariats late in the afternoon and take them to the pen that holds some Billy goats. This is before they get into bigger beasts -- horses and cattle – yet what appears to be easy most certainly is not. ... (click for more)