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Council debates sale of Central Ward lot to Covenant House for 100% affordable building at $500,000
Summary
Council members on Nov. 5 questioned the sale of a Central Ward city lot to Covenant House for $500,000 to build a six‑story facility described by the administration as 100% affordable.
A contentious discussion on Nov. 5 focused on the proposed sale of a city-owned Central Ward parcel to Covenant House for $500,000 to develop a six‑story building that the administration described as 100% affordable and targeted in part to residents without addresses.
Councilman Mike Gonzales questioned both the proposed land use and the price, saying the parcel sits in an area of rising development and asking why a property with an assessed value in the millions would be sold for $500,000. "If it has assessed for $11,288,000, why are we selling it for $500,000? The city,…
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