Steps Taken To Address Building Blight, But Lancaster May Still Move To Take Problem Property

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

Annville developer Kenneth Wenger has paid back taxes, ensured the grounds of the former G.E. Richards building are clean and the grass cut.

He has resolved nearly all the issues that led city inspectors to declare the 502-506 W. Walnut St. property blighted.

But that didn’t stop city Redevelopment Authority board members on Tuesday from voting to begin the process of taking the property by eminent domain.

In April, the board gave Wenger until Sept. 30 to address blighted conditions. The taking could occur in as little as 90 days unless Wenger takes action.

Read more: http://lancasteronline.com/news/local/steps-taken-to-address-building-blight-but-city-may-still/article_479f45ec-3e09-11e4-bf1e-0017a43b2370.html

Lancaster City Redevelopment Authority Votes To Become Equity Investor In $4.8 Million Apartment Project

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

Until recently, when real estate developers wanted an extra financial push to make a city redevelopment project viable, they turned to state officials.

But grant funding through the state’s Department of Community and Economic Development has all but dried up, and competition for the remaining funds is fierce.

On Tuesday, the Lancaster City Redevelopment Authority agreed to step into the gap to make a project happen.

Authority board members voted to become equity investors in a $4.8 million apartment construction project.

Read more: http://lancasteronline.com/article/local/839507_City-redevelopment-authority-votes-to-become-equity-investor-in–4-8-million-apartment-project.html#ixzz2QqlkDQLs