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File #: LBA Res 18, Series 2021    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 1/29/2021 In control: VAPStat Joint Meeting
On agenda: 2/8/2021 Final action:
Title: Location: 644 South 26th Street 40211 Parcel ID: 001G-0127-0000 Applicant: Develop 26, LLC Disposition Program: Request for Proposals Sale Price: $2,600.00 Project Type: Rehabilitation of Single-Family Structure Project Timeframe: 6 months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Request for Proposals" disposition program. Summary: Develop 26, LLC is the winning applicant for the property located 644 South 26th Street, offered through the Landbank's January 2021 RFP program. Applicant plans to spend $54,425.00 to rehab this structure and rent to a qualified renter. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.
Attachments: 1. Resolution No. 18, Series 2021 - 644 S 26th St RFP.pdf
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Title

Location:

644 South 26th Street 40211

Parcel ID:

001G-0127-0000

Applicant:

Develop 26, LLC

Disposition Program:

Request for Proposals

Sale Price:

$2,600.00

Project Type:

Rehabilitation of Single-Family Structure

Project Timeframe:

6 months or less

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

Standard restrictions set within the “Request for Proposals” disposition program.

Summary:

Develop 26, LLC is the winning applicant for the property located 644 South 26th Street, offered through the Landbank’s January 2021 RFP program.  Applicant plans to spend $54,425.00 to rehab this structure and rent to a qualified renter.  Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.