St. Joseph's Housing Seeks Chapter 11
St. Joseph's Housing Corp. in Albany, N.Y., has filed for bankruptcy protection.
The nonprofit owns 53 properties that provide affordable housing to low-income residents in the area, says attorney Marc Ehrlich.
The group filed for Chapter 11 on Dec. 19, with hopes of reorganizing.
Ehrlich was headed to court Dec. 30 to to keep the restructuring attempt on course after a motion to dismiss was filed.
The nonprofit owns 53 properties that provide affordable housing to low-income residents in the area, says attorney Marc Ehrlich.
The group filed for Chapter 11 on Dec. 19, with hopes of reorganizing.
Ehrlich was headed to court Dec. 30 to to keep the restructuring attempt on course after a motion to dismiss was filed.
posted by Donna Kimura at 3:48 PM
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