Janney Street Apartments, LP
Janney Street Apartments, LP: four-story 47,140 SF
47 housing units sold, across 1 properties · Council District 1 · Janney Street Apartments, LP
What is missing from the record
Every step has a date on record. Nothing is missing from the records we hold.
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. On a Board agendaDoneSep 13, 2022
- 2. Board approvalDoneSep 13, 2022
- 3. Council approval of the dispositionDoneOct 6, 2022
- 4. Deed into the Land BankDoneNov 15, 2022
- 5. ClosingDoneDec 6, 2022
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.
| Date | Agenda item | Outcome | Vote as recorded | Public speakers | Letters |
|---|---|---|---|---|---|
| Sep 13, 2022 | V.A.1 | Approved | unanimous | 0 | 0 |
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).
| Resolution | Sponsor | Status | Introduced | Adopted |
|---|---|---|---|---|
| 220856 | Councilmember Squilla | adopted | Oct 20, 2022 | Oct 27, 2022 |
Closings
From the Land Bank's settlement records.
| Purchaser | Closing date | Price | Appraised value | Units | Council resolution |
|---|---|---|---|---|---|
| Janney Street Apartments, LP | Dec 6, 2022 | $500 | $355,000 | 47 | 220789 |
Days from the first Board approval to each closing: 84.
People and organizations
- Applicant
- Janney Street Apartments, LP
- Council resolutions naming these properties, sponsored by
- Mark Squilla (resolutions 220856)
From the record
Passages quoted from the Board's minutes, packets and transcripts. 2 of 2 shown.
… A. Development – Affordable Housing Item V.A.1 Mr. Lawrence requested Board approval for the disposition of 2855 Janney Street, formerly the lots known as 2843-2861 Janney Street and 2842-2860 Weikel Street in the First Council District, to Janney Street Apartments, LP. The developer will develop a four-story 47,140 SF building, consisting of forty-seven (47) one-bedroom units of affordable senior rental housing with Low Income Housing Tax Credit (LIHTC) financing. Six (6) units will be leased to tenants whose household incomes are at or below twenty percent (20%) of area median fa…
Minutes · Sep 13, 2022, item V.A.1 · packet p. 6 · PLB Board Package for 10.11.2022 Board Meeting.pdf
Agenda · Sep 13, 2022, item V.A.1 · packet p. 1 · PLB Board Package for 9.13.2022 Board Meeting.pdf
Properties (1)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 2855 JANNEY ST | 886664010 | Closed | Nov 15, 2022 | Dec 6, 2022 | RDA |
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.