Record #:

19464

Author(s):

Ball, Billy

Abstract:

Town officials in agreement with Rosemary Village owner and builder Tom Tucker started a program in 2002 to reserve six units to be rented to low-income individuals. Specifically, low-income refers to individuals qualifying for the affordable housing under federal guidelines or earning below 80 percent of the area's median income. Tucker has now foreclosed on two of these units and plans to do so for the remaining four, claiming that he is operating these apartments at a personal loss.

Source:

Indy Week (NoCar Oversize AP 2 .I57), Vol. 30 Issue 17, April 2013, p7, il

Subject(s):

Housing management; Poor--Housing