Closed

Affordable Alliance Company LLC

Most qualified bidder on RFP (joint venture of BMK

22 housing units sold, across 22 properties · Council District 2 · Affordable Alliance Company

What is missing from the record

Steps with no date on record, or that the record shows were stopped. A step that is not on record may still have happened.

  • Deed into the Land BankPartly done

    On record for 55% of the properties; the rest are not on record yet.

Where this project stands

Five steps, from the Board agenda to the closing. A disposition is the sale or transfer of a Land Bank property. The Council step is City Council's approval of the sale, which comes after the Board's approval.

  1. 1. On a Board agenda
    Done
    Aug 9, 2022
  2. 2. Board approval
    Done
    Aug 9, 2022
  3. 3. Council approval of the disposition
    Done
    Sep 22, 2022
  4. 4. Deed into the Land Bank
    Partly done
    May 11, 2016 to May 16, 2023
    55% of properties
  5. 5. Closing
    Done
    Apr 11, 2024

Board hearings

One row for each Board hearing where this project was on the agenda. Fewer than six approving votes means no decision was reached; it is not a denial. Speakers and letters are public comments on the item.

DateAgenda itemOutcomeVote as recordedPublic speakersLetters
Aug 9, 2022V.A.2Approvedunanimous (Johns abstained, having just joined)41

How members voted

Shown only where the minutes or a transcript record how a member voted; a voice vote with no names shows no one. Y = yes, N = no, A = abstained, R = recused. A blank cell means no vote by that member is on record for that item.

Member2022-08-09V.A.2
Michael JohnsA

City Council

City Council resolutions that name this project's properties, from Council's Legistar records. Earlier resolutions often moved the lots into the Land Bank; they are not Council's approval of this sale (step 3 above).

ResolutionSponsorStatusIntroducedAdopted
220394Councilmember JohnsonadoptedMay 5, 2022May 12, 2022

Closings

From the Land Bank's settlement records.

PurchaserClosing datePriceAppraised valueUnitsCouncil resolution
Affordable Alliance Company LLCApr 11, 2024$44,000$2,060,00022220679

Days from the first Board approval to each closing: 611.

People and organizations

Council resolutions naming these properties, sponsored by
Kenyatta Johnson (resolutions 220394)
Board members with a recorded vote
Michael Johns (abstained)

Public comment

A position is counted only where the person stated one at a hearing or in a letter. Letters read aloud at a meeting are staff summaries, not the writer's own words. Officials and people speaking for an organization are named; residents who spoke for themselves are counted, not named.

Across all hearings: 4 public speakers and 1 letters, with 1 statements of support and 4 of opposition.

From the record

Passages quoted from the Board's minutes, packets and transcripts. 2 of 2 shown.

150 E. Stella Street to New Kensington Community Development Corporation (attached to these minutes as Exhibit C). A.2. Grays Ferry - S. Dover & Wharton RFP Mr. Lawrence asked the Board to authorize the disposition of properties included in this RFP in the 2nd Council District to Affordable Alliance Company LLC, a joint venture between BMK Properties LLC and Fine Print Construction LLC, which is a certified Minority-Owned Business Enterprise and a participant in PHDC’s Minority Developer Program. Applications were solicited via a Request for Proposals for the properties, and the applicant was…

Minutes · Aug 9, 2022, item V.A.2 · packet p. 8 · PLB Board Package for 9.13.2022 Board Meeting.pdf

Agenda · Aug 9, 2022, item V.A.2 · packet p. 2 · PLB Board Package for 8.9.2022 Board Meeting.pdf

Properties (22)

AddressOPA account numberStatusDeed into the Land BankClosing dateEntered the Land Bank via
1308 S DOVER ST362000042Closednot on recordApr 11, 2024none found
1310 S DOVER ST362000043Closednot on recordApr 11, 2024none found
1312 S DOVER ST362000044Closednot on recordApr 11, 2024none found
1314 S DOVER ST362000045Closednot on recordApr 11, 2024none found
1316 S DOVER ST362000046Closednot on recordApr 11, 2024none found
1318 S DOVER ST362000047Closednot on recordApr 11, 2024none found
1320 S DOVER ST362000048Closednot on recordApr 11, 2024none found
1322 S DOVER ST362000049Closednot on recordApr 11, 2024none found
1323 S DOVER ST362158205ClosedMay 16, 2023Apr 11, 2024RDA
1324 S DOVER ST362000050Closednot on recordApr 11, 2024none found
1326 S DOVER ST362000051Closednot on recordApr 11, 2024none found
1327 S DOVER ST362158405ClosedMay 11, 2016Apr 11, 2024RDA
1351 S 29TH ST362170505ClosedMay 16, 2023Apr 11, 2024RDA
1354 S DOVER ST362165205ClosedMay 16, 2023Apr 11, 2024RDA
1355 S DOVER ST362159805ClosedMay 10, 2017Apr 11, 2024RDA
2809 WHARTON ST362076810ClosedOct 14, 2016Apr 11, 2024RDA
2822 WHARTON ST362086610ClosedNov 2, 2022Apr 11, 2024RDA
2824 WHARTON ST362086710ClosedNov 2, 2022Apr 11, 2024RDA
2825 WHARTON ST362077710ClosedNov 2, 2022Apr 11, 2024RDA
2826 WHARTON ST362086910ClosedNov 2, 2022Apr 11, 2024RDA
2827 WHARTON ST362077910ClosedMay 11, 2016Apr 11, 2024RDA
2828 WHARTON ST362087010ClosedNov 2, 2022Apr 11, 2024RDA

Sources: Board minutes and packets; PHDC workbook; Council (Legistar). Built from the Land Bank Board's minutes, packets and transcripts, the Land Bank's settlement workbook, and City Council records.

Affordable Alliance Company LLC | Land Bank Watch