Affordable housing
Four years after Camden residents were promised they could buy fixed-up properties for $1, Cooper University Hospital has stepped in to help them.
When a developer made deal in 1992 to buy and fix 91 townhomes in the city, he vowed to sell them back to their tenants 15 years later for $1 each. But as the Associated Press reports, thanks to tax liabilities and overdue loans, that promise was never fulfilled.
The Cooper Foundation stepped in yesterday and has announced plans to help sort out the issue and give the tenants back the homes.
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