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HUD Funds & 3200 Block Ottawa Street Home?? |
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Nelson R. Self
MUSA Citizen Joined: Oct 03 2009 Status: Offline Points: 279 |
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Posted: Feb 08 2010 at 12:20pm |
A.J. and Josh -
A friend of mine at the Municipal Building tells me that you might want to speak with senior City staff about a relatively new home built in the 3200 blcok of Ottawa Street in Ward Two. It seems that this six-year old dweling may once again be property tax delinquent.
While there are quite a few other tax delinquent properties in Middletown, none has the history of this house. Using HUD funds, the original substandard home owned by a lower-income retired household was demolished in 2003 or 2004. Then, also using HUD funds in 2004, a new three bedroom, two bath ranch home was built on the same lot and financed for the lower-income retired owners. Over $100,000 was overspent on this property that even now has a market value of $60,000 or less?
There seems to be a continuing history of property tax delinquency involving this home. In fact, the City had to recast the owners mortgage at $100,000+ about 18 months ago because certain staff didn't respond to legal requirements of Butler County pertaining to a potential tax sale.
Now, this property appears to be in arrears on property taxes again with $100,000+ owed to the City of Middletown. I brought this matter up last Spring and it didn't generate much interest from MiddletownUSA participants.
You would do the citizens of Middletown a great favor looking into this little HUD problem!
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