查塔姆公园村(Chatham Park Village)是一个负担得起的住房合作社,由于违约和空缺率高,面临取消赎回权。 Chatham Park Village, an affordable housing co-op, faces foreclosure due to default and high vacancy.
查塔姆公园村(Chatham Park Village)是芝加哥南区60岁的廉价住房合作社, 由于抵押贷款违约及超过20%的空缺, 面临取消赎回权。 Chatham Park Village, a 60-year-old affordable housing co-op in Chicago's South Side, is facing foreclosure due to a mortgage default and more than 20% vacancy. 该合伙人不遵守保险规定引发了违约,国家合作银行规定了昂贵的保险费。 The co-op's insurance non-compliance triggered the default, with expensive insurance imposed by the National Cooperative Bank. 专家们说,为了避免居民流离失所,需要有一个强有力的董事会和一项再发展计划,突出社区更大的经济问题。 Experts say a strong board and a redevelopment plan are needed to avoid resident displacement, highlighting larger economic issues in the community.