LANSING, Mich. — Hundreds of homes owned by the Lansing Housing Commission will be sold to a Florida company.
Housing officials aren’t sharing the selling price for the 200 single-family homes but say they’ve accepted an offer from a company called SK Investments.
Back in October, the Housing Commission opened up a bidding process for interested buyers because the units were too expensive to maintain.
The sale is expected to be finalized this fall, however they will have to remain affordable housing for a period of 20 years under the terms of the sale contract.
Want to see more local news? Visit the FOX47News Website.
Stay in touch with us anytime, anywhere.
Sign up for newsletters emailed to your inbox.
Select from these options: Neighborhood News, Breaking News, Severe Weather, School Closings, Daily Headlines, and Daily Forecasts.
