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.




RE/MAX Properties And RE/MAX Renaissance Realtors Celebrate Thanksgiving

RE/MAX Renaissance Realtors kicked off the Thanksgiving season by hosting a Vendor Appreciation reception at the new Red Sauce restaurant at 14 W. Kent Street on the Northshore. The theme of the evening was, “Thank Your for Being a Friend”.  Over 50 guests attended the party where agents were able to personally thank area service providers for helping grow their businesses.  ... (click for more)

Real Estate Transfers For Nov. 9-15

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)

Hixson Burglary Suspect Tries To Swim Away; Deputies Catch Him In Borrowed Boat

A Hixson burglary suspect on Wednesday tried to swim away from deputies, but to no avail.   The proprietor of Chattanooga Fish and Fun was notified when his camera system was triggered by an individual attempting to break into his business. The owner immediately contacted the Sheriff's Office and drove to the business location.   As deputies arrived on scene, ... (click for more)

5 Disinherited Adopted Children Of Dr. J. Don Brock May Share In Rich Estate After All

Five disinherited adopted children of the late Chattanooga businessman J. Don Brock may share in his large estate after all. After losing at the trial court and appeals court level, the plaintiffs won a victory at the Tennessee Supreme Court. Justice Cornelia Clark ruled in favor of the adopted children and remanded the case to the trial court for settlement of the estate. ... (click for more)

Stormwater Fiasco And East Ridge Camping

When did the Chattanooga City Council get replaced by members of the East Ridge City Council? I don't recall a time in Chattanooga where they've voted to shoot the city in the foot more than they have lately.  If this goes through despite the environmental impact warnings and then Camp Jordan has increased flooding after spending millions on sports ball fields, ... (click for more)

Roy Exum: The Chicken Gun

On the very day when more poultry is consumed in the United States than at any other time in the year, fun-loving Wendell Burns shared a wonderful story about “The Chicken Gun.” What makes the tale even better is that it was designed and built to perfection by the folks at the Arnold Air Force Base that you know is near Tullahoma, Tn. Wendell’s mistake in sending the story is ... (click for more)