The agenda for Kupfrian Manor is on the City Council Agenda Conference, where there is no open forum, no presentation and no hearing required. Meaning this project, which uses $700,000 in federal CDBG funds, is being pushed through without public explanation.
Developer Pattern: How The Paces Foundation Builds in Escambia County
PACE Foundation has developed multiple senior housing projects in Escambia County, including Brownsville Manor and the upcoming Kupfrian Manor. They use the same development model in every project: layered LLCs, LIHTC financing, out-of-state ownership, and heavy use of federal subsidies. Projects are presented as ‘community-based,’ but ownership, profit, and control flow back to Georgia.
They use wood-frame construction even for multi-story senior housing in hurricane-prone Florida. Wood-frame homes are also pose fire safety risks, water damage and mold, pest and termite infestations and noise and privacy problems
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Continue reading “Inside Kupfrian Manor: How Disaster Funds, Tax Credits, and Hidden LLC’s Built a Senior Project They Can’t Afford.”
