EXCLUSIVE: Bon Air Apartments owners not selected for 2022 tax credits

“Redwood has made it clear in conversations with our workplace that the corporate will proceed with inner and exterior renovations to the Bon Air this yr, whatever the outcomes of its state tax credit score functions. Congressman Allen expects this dedication to be honored, and he has requested extra data on the deliberate renovations in addition to an in depth timeline to take care of oversight of their progress. Within the meantime, he’ll proceed working intently with native leaders to make sure our neighbors on the Bon Air have the enough housing they deserve and that updates are made in a well timed method.”

Commissioner Catherine Smith McKnight additionally shared an announcement in response to this growth.

“It’s a disappointment that Bon Air didn’t obtain the tax credit wanted to get the ball rolling. It’s been over two years now since Redwood has taken possession of each the Bon Air and the Richmond Summit but nothing is occurring quick sufficient. I’m involved that Redwood is kicking the can down the street. I’ve met with Redwood on a number of events and I hold listening to the identical document track being performed again and again. Redwood ought to by no means have purchased the Bon Air within the first place if they will’t afford to do something with it. Redwood has proven me on paper all of the bells and whistles of what they plan to do with the Bon Air however their plans haven’t come to fruition. At this level, I don’t count on them to, sadly. My important concern is the nicely being and security for my constituents dwelling there and within the surrounding areas. I’ve misplaced religion in Redwood. The one method I can belief the rest they are saying is once I see building happening from the within out. After I see bulldozers and heavy gear parked out entrance, then I’ll imagine that they’re severe about investing in Augusta.”