- Paris Flash
- Real Estate
By CHARLES RICHARDS
An 81-year-old woman who lives in sub-standard housing in west Paris has been approved for new home construction financing through the Texas Department of Housing and Community Affairs.
But there was a problem.
It was determined she cannot rebuild on her existing lot because it has been designated floodway under the updated FEMA flood plain map for the City of Paris.
However, the story ends well.
Rachel Edwards and Resource Management of Paris — the local grant administrator for the 2012 HOME Grant Program — identified a vacant lot nearby that the City of Paris recently took possession of because no sufficient bid was made for it in a tax foreclosure sale by the sheriff’s department.
If the Paris City Council agrees Monday night, the taxing authorities for the City of Paris, Lamar County, Paris Junior College and Paris Independent School Distridt will trade lots with the woman — acquiring her lot in the 1700 block of Walker — plus $1 — in exchange for the foreclosed vacant lot in the 1500 block of Walker.
“The new home … will add value to the neighborhood and will add value to the current tax base,” city attorney Kent McIlyar said in a agenda briefing sheet for city council members.
“The city will accept the (woman’s present) property … for drainage purposes and will dispose of the existing small structure,” the city attorney said.
The lot she would receive has an appraised value of $4,320. It was seized by local taxing authorities in 2004.
If approved, the resolution authorizing the exchange of lots will be effective immediately.
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