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HiPointDem

(20,729 posts)
7. so i assume since the property company is of recent origin there was some kind of legal change
Thu Aug 9, 2012, 01:06 AM
Aug 2012

that facilitated such things. do you know anything about it?

privatization of public housing? outsourcing to contractors? not clear what's going on.

Here's a comment from one of those sites where people can rate rentals. I gave the link but I wouldn't suggest going to it, I got a script alert from my computer.


This entire apartment complex has been sold to Global Ministries Fellowship (GMF) from Mid America Apartment Communities and is now an "Affordable Housing" property. This is why the Memphis Housing Authority has moved in a great deal of people into these apartments while Mid America Apartment Communities was negotiating the sale. This is also why the crime listings here have gone through the roof and have continued to get even worse. The leasing offices have also allowed the full on tax credit renting to go on here also. This entire property had a skeleton crew for leasing and maintenance the whole time it was for sale. And, there was a low grade (thank goodness) tornado in the area a while back (2009) which really did a lot of damage which no one from Mid America Apartment Communities fixed at all, because they owned the River Trace outright and were basically just collecting pure rents the whole time they had it up for sale and gave up on it.

Multifamily Management, Inc. (MMI) manages it. This is a company based in Alabama which only manages "affordable housing" apartments. They have a PO box and not a bit more because that company got into some legal troubles and had to change their name from Mitchell to Multifamily.

These apartments have been rotting out for a very long while both inside and out. They rarely have running water (and yet charge the resident for it along with their rent) and they refuse to do any monthly pest control (and yet have been known to charge for it along with your monthly rent). People have been moved in here left and right from God knows where with no credit or criminal background checks at all for over three in a half years that I know of.

I have a paid subscription to The Memphis Daily News web site. This property currently has three different liens against it. GMF and MMI need to straighten things out here by now. They have further run this property into the ground and if I did not know any better I would dare say they have done it on purpose so they can sell it to HUD. Please do not move here, and if you do live here, try to move when you can. If they do not do something about their liens before to long, all of you will more than likely be kicked out on the street.

Read more: http://www.apartmentratings.com/rate/TN-Memphis-River-Trace-947720.html#ixzz231Tgo0IP

Recommendations

0 members have recommended this reply (displayed in chronological order):

Christian "charity" really slumlords [View all] Starry Messenger Aug 2012 OP
kr HiPointDem Aug 2012 #1
k&r LooseWilly Aug 2012 #2
How they got the money to buy it: "tax-exempt housing revenue bonds" HiPointDem Aug 2012 #3
You smell correctly. Starry Messenger Aug 2012 #5
so i assume since the property company is of recent origin there was some kind of legal change HiPointDem Aug 2012 #7
Nope, this is it so far. Starry Messenger Aug 2012 #8
interesting. its HQ shares space (same address) with the university of phoenix (same address) HiPointDem Aug 2012 #10
Kind of odd, for a ministry... Starry Messenger Aug 2012 #12
Yes. Starry Messenger Aug 2012 #11
hmmm: HiPointDem Aug 2012 #13
I wonder too. Starry Messenger Aug 2012 #15
Rev Richard Hamlet, the pastor and head of GMF, has been to Tanzania MrScorpio Aug 2012 #4
I'm going to go out on a limb here- Starry Messenger Aug 2012 #6
Pretty nice touristy pic there. freshwest Aug 2012 #9
Lovely. UnrepentantLiberal Aug 2012 #14
Latest Discussions»General Discussion»Christian "charity&q...»Reply #7