Trail of bankruptcy and fraud charges adds twist to derailed Richmond housing development
https://www.siliconvalley.com/2023/04/23/trail-of-bankruptcy-and-fraud-charges-adds-twist-to-derailed-richmond-housing-development/
The name of Richmond’s Miraflores development translates to “Behold the Flowers,” but it’s the turmoil around this market-rate and affordable housing complex that’s truly a sight to see.
Roughly seven years after the project originally promised to build 190 units on 7.3 acres of city-owned land next to Interstate 80, it has completely unraveled, city staff quietly revealed during a community presentation this month.
Trail of bankruptcy and fraud charges adds twist to derailed Richmond housing development
Apr 23, 2023, 2:15pm UTC
https://www.siliconvalley.com/2023/04/23/trail-of-bankruptcy-and-fraud-charges-adds-twist-to-derailed-richmond-housing-development/
> The name of Richmond’s Miraflores development translates to “Behold the Flowers,” but it’s the turmoil around this market-rate and affordable housing complex that’s truly a sight to see.
> Roughly seven years after the project originally promised to build 190 units on 7.3 acres of city-owned land next to Interstate 80, it has completely unraveled, city staff quietly revealed during a community presentation this month.