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Middletown CDA reports housing rehab progress; Washington Street sale paused by FHA mortgage delay
Summary
The executive director reported that a Washington Street sale is paused because the buyer’s FHA mortgage is delayed by a federal government shutdown, while Pathstone markets 168 Linden and rehab work continues on Jenung/Janung Street.
The executive director of the Middletown Community Development Agency reported on several housing rehabilitation projects and the agency approved routine bills presented at the meeting.
Staff told the board that the Washington Street property has an identified buyer but the closing is paused because the buyer’s FHA mortgage is delayed by a federal government shutdown. "We're on our way to closing," staff said, and the closing is…
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