The City is looking to sell 1530 Holman St. to developers or rehabbers who will renovate it into single-family, owner-occupied housing.
City seeking proposals for single-family housing on Holman
COVINGTON, Ky. – The City of Covington is putting another long-vacant, blighted building on the market in an ongoing effort to create single-family housing in established neighborhoods – this one a 100-year-old building on Holman Street in Westside.
A request for proposals (RFP) was re-issued this week for the two-story, wood-sided building at 1530 Holman St.
The building – which has four bedrooms and contains 1,955 square feet on a lot that is roughly 36 feet by 87 feet – was last used as a two-family home. But the City is looking for a developer or rehabber to turn it into a single-family home, City Neighborhood Services Director Ken Smith said.
The buyer can’t “sit” on the property but must move quickly to renovate it, he said.
“The City took ownership of this building many years ago as part of an anti-blight program, but since then the building has added nothing to the community – in fact, it’s just detracted from it,” Smith said. “We want to return it to the tax rolls and chip away at the tremendous demand for housing in Covington.”
Proposals are due to the City by 4 p.m., May 4.
The RFP can be accessed on the City’s procurement portal, HERE
. Info about the real estate program can be found HERE
The City wrote formal guidelines for the surplus property program in 2019 and has returned or is in the process of returning 44 previously vacant City-owned properties to productive use.
Six separate RFPs seek buyers for 11 pieces of land and six vacant buildings, also in Westside, as explained HERE
Properties that have “graduated” from the program were featured in news releases found HERE
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