Homewood residents, however, said they were not happy with ELDI owning property in Homewood.
Carmen Moore said they be replacing one slumlord for another.
“We don’t want what happened in East Liberty, the gentrification, the poor residents being forced out,” she said.
Operation Better Block Executive Director Jerome Jackson and Building United of Southwestern Pennsylvania Executive Director Rev. Sam Ware said Homewood organizations and residents should be part of any decision-making process on development in the community.
Pelling said the foundations that have agreed to fund the purchase would not deal with a consortium of groups. He also ELDI portfolio is more than 50 percent affordable housing, and that it has no intention of owning the property for a lengthy period of time.
Ultimately, the board approved the loan, making it conditional on the collaboration with Homewood groups, and on pursuing financial claims against the current absentee landlord.
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