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NEWS
September 29, 1990 | From Associated Press
The first sale of a federally subsidized public housing complex to its residents was completed on Friday--for $1. The transfer of the Kenilworth-Parkside public housing development in the city's northeast quadrant capped a five-year process in which the residents successfully managed the complex and qualified to purchase the property under a program promoted by Housing Secretary Jack Kemp. "The residents have worked so hard over the past five years to make this possible.
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NEWS
September 29, 1990 | From Associated Press
The first sale of a federally subsidized public housing complex to its residents was completed on Friday--for $1. The transfer of the Kenilworth-Parkside public housing development in the city's northeast quadrant capped a five-year process in which the residents successfully managed the complex and qualified to purchase the property under a program promoted by Housing Secretary Jack Kemp. "The residents have worked so hard over the past five years to make this possible.
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NEWS
July 6, 1989 | From the Washington Post
The Department of Housing and Urban Development was aware five months ago that Maryland escrow agent Marilyn L. Harrell had written $2.9 million in bad checks to the agency, according to an internal agency memorandum. The Philadelphia regional office of HUD uncovered the irregularity as part of a special investigation of its Washington field office, which it found to be rife with serious management deficiencies in its property sales division.
NEWS
July 6, 1989 | From the Washington Post
The Department of Housing and Urban Development was aware five months ago that Maryland escrow agent Marilyn L. Harrell had written $2.9 million in bad checks to the agency, according to an internal agency memorandum. The Philadelphia regional office of HUD uncovered the irregularity as part of a special investigation of its Washington field office, which it found to be rife with serious management deficiencies in its property sales division.
BUSINESS
August 15, 1989 | From Associated Press
High mortgage rates and rising prices continued to plague sales of existing homes in the second quarter, a real estate trade group said today, with 41 states and the District of Columbia posting declines. At the same time, the National Assn. of Realtors said booming prices made housing most expensive on the West Coast and in the Northeast in the April-June period.
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