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Housing authority authorizes sale of 25 Las Deltas scattered-site buildings at fair market value
Summary
The Contra Costa County Housing Authority unanimously approved Resolution 5271 May 20 to sell 25 scattered-site buildings on 18 parcels from the former Las Deltas public housing development at fair market value; staff said appraisals estimate roughly $7.5 million and HUD approval is required for local preferences and sale language.
The Contra Costa County Housing Authority voted unanimously May 20 to adopt Resolution 5271 authorizing the sale of 25 scattered-site buildings on 18 parcels from the former Las Deltas public housing development at fair-market value, as determined by certified appraisals.
Housing Authority staff said these scattered-site properties are the remaining public-housing units not already conveyed in earlier phases. Staff described the units as in poor condition and often unsuitable for conventional mortgage financing; the authority intends to prioritize offers…
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