The Baltimore-based owners of Governor's Square have filed for bankruptcy and this week informed residents of their legal decision. The affordable housing complex has been plagued by a myriad of problems, including housing not fit for human occupancy.
, one of Harrisburg’s largest affordable housing complexes have filed for bankruptcy and have informed their more than 200 tenants of their legal decisions.
Most recently, residents received water shut-off notices, although the residential management informed PennLive that the situation had been addressed and no residents would have their water supply shut off. Our staff will continue to do their best to operate the property in a safe, responsible way with the limited financial resources available to us.”
In February, a lone prospective buyer that had for months attempted to acquire the property walked away from negotiations. Stephen Schuback failed to secure approval for his purchase offer, even after months of investing his own money and sweat equity in rehabbing some of the units. The property is owned by Uptown Partners, a Baltimore-based urban redevelopment corporation, and is under the auspices of the Harrisburg Redevelopment Authority, a state agency and conduit to a $9 million federal grant provided to the owners of Governor’s Square by the U.S. Department of Housing and Urban Development.
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