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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Apr 08, 1973
Page
6
Peter Weaver explains conversion condominiums as affordable housing options. Former rental properties converted to condos let buyers own with monthly payments similar to renting, while landlords gain from profit and tax advantages.
Prospective buyers are urged to inspect conversion condominiums for hidden wear in essential systems. A checklist by David Wolfe recommends condition certificates, replacement cost estimates, and a solid budget with cash reserves. Location and parking adequacy affect resale value and monthly assessments range from 40 to 85 dollars for garden units and 65 to 150 dollars for high rises.
The National Urban Coalition announces the Lyndon Baines Johnson Award to honor those expanding opportunity, with the first presentation at the national conference May 30 through June 1. The piece interleaves housing notes on renters becoming buyers and property management practices for garden and high rise apartments.
The St. Mary Archdiocese conducts a two day census of Catholics within parish boundaries. Dr. John Varney leads over 250 census takers who will canvass areas east of Kenwood Drive and Central Avenue and will visit homes between 2 and 5 p.m. to collect parish and archdiocesan data for records and future enrollment estimates.
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