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Executive director: Washington Street closing delayed by federal shutdown; Pathstone marketing 168 Linden
Summary
The executive director reported that the Washington Street rehab closing is on hold because it uses an FHA mortgage and a federal government shutdown has delayed closing; there is a buyer identified. Pathstone is marketing 168 Linden with three applicants; Janung Street rehab work is underway.
The executive director told the Middletown Community Development Agency that several housing rehabilitation projects are progressing but one closing is on hold.
“Washington Street, we're on our way to closing,” the executive director said, then explained the closing is paused because it involves an FHA…
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