Rockville City Council to Talk Fireside Park Purchase
Council to weigh RHE and private proposals against city's affordable housing needs.
Having heard from potential purchasers and the public, Rockville officials are scheduled on Monday to discuss a proposed purchase of the Fireside Park Apartments by Rockville Housing Enterprises. “I’d like to have some real details,” Rockville Mayor Phyllis Marcuccio said of the proposal in an interview with Rockville Patch on Friday. Those details should come at Monday’s Rockville City Council meeting. Richard Nelson, director of Montgomery County's Department of Housing and Community Affairs, is scheduled to brief the council on the county’s rental housing market. City staff also is scheduled to brief the council on the availability of affordable housing in Rockville, on the city’s affordable housing policy and on the status of RHE’s …
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amarynth
9:58 pm on Monday, October 22, 2012
From the linked Gazette article: "David Khoury, a co-founder and principal of Priderock, said his company would keep rents below those of new apartments in the area." I don't really understand what he's getting at there. Is the fact that he's not going to be charging rents comparable to "new" developments like Rockville Town Square, for a building that's much older and further away from the metro… more ›