Buyouts for Hatboro Condos in 'Final Review'
Hatboro officials said the Pennsylvania Emergency Management Agency is carrying out a final review for possible buyouts of a dozen Woodwinds condominiums.
Hatboro's application for possible government buyouts of a dozen residences at the oft-flooded Woodwinds development is moving ahead, an official said.
Acting Borough Manager Fred Zollers said he was in contact with a representative from the Pennsylvania Emergency Management Agency earlier this month who notified him that the borough's application was advancing to the agency's "final review committee."
"We should get some word abck from them," Zollers said of the buyout application, which was submitted in July. "Our application was found to be substantial enough to pass on to this review committee."
If the application is approved in full, the agencies would provide money to 12 homeowners to purchase and demolish the Drummers Way residences. Officials said the approximate $2 million project would cost about $80,000 in local fees and homeowners would receive an estimated $160,000 a piece.
The Woodwinds development, which is situated adjacent to the Pennypack Creek, sustained considerable flood damage during Hurricane Irene last year. The buyout proposal stems from that flood as the residences did not flood during Hurricane Sandy earlier this year.
Originally, the borough had submitted an application for 24 units – in six buildings – in that portion of the 79-unit complex. However, PEMA said previously that it would only give consideration to half of those.
European American
6:34 pm on Thursday, December 20, 2012
Let's all hope its not turned into HUD or section 8.
Theresa Katalinas
8:13 pm on Thursday, December 20, 2012
Jared,
If the buyouts are approved, the buildings would be demolished and nothing would ever be allowed to be built there again. The borough would be responsible for keeping it mowed, etc.
Nicole
4:45 pm on Thursday, December 27, 2012
I hope this gets approved and moves forward. However, I think it is irresponsible to only approve half the homes along the creek. Once half the homes are gone how are the rest to ever sell their homes? Many of the homes that were dismissed from the proposal still flood or are attached to homes that flood. It's a death sentence to the remaining home owners who will never be able to sell their homes.