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File #: LBA Res 49, Series 2021    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 9/9/2021 In control: VAPStat Joint Meeting
On agenda: 9/20/2021 Final action:
Title: Location: 2326 Griffiths Avenue 40212 Parcel ID: 003F-0116-0000 Applicant: Wallace Property, LLC Disposition Program: Request for Proposals Sale Price: $3,500.00 Project Type: Rehabilitation of Single-Family Residence 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: Wallace Property, LLC is the winning applicant for the property located 2326 Griffiths Avenue, offered through the Landbank's August 2021 RFP program. Applicant plans to spend $65,600.00 to rehab this single-family residence and lease to a qualified tenant. 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. 49, Series 2021 - 2326 Griffiths Ave RFP.pdf
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Title

Location:

2326 Griffiths Avenue 40212

Parcel ID:

003F-0116-0000

Applicant:

Wallace Property, LLC

Disposition Program:

Request for Proposals

Sale Price:

$3,500.00

Project Type:

Rehabilitation of Single-Family Residence

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:

Wallace Property, LLC is the winning applicant for the property located 2326 Griffiths Avenue, offered through the Landbank’s August 2021 RFP program.  Applicant plans to spend $65,600.00 to rehab this single-family residence and lease to a qualified tenant.  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.