Borough Supports Sale of Homes to Non-profit, Approves 2021 Auditor
Bristol Borough authored of a letter of support for the Bucks County Housing Authority to sell 13 homes to a local non-profit and approved a Morrisville based company to perform a 2021 financial audit of the boroughs financial books, last week.
The sale of the 13 homes to the Interfaith Housing Development Corporation of Bucks County. IHDC, according to its website, is a private, non-profit housing provider started in 1987. They partner with church and religious groups, community members, and businesses to address the need for affordable housing in Bucks County.
Solicitor William Salerno, said the homes being sold were part of the housing authority’s subsidized housing program and are being sold to IHDC with the condition that the homes being will go back on school district and borough tax rolls.
The addresses and or locations of the 13 homes were not made public.
Council also approved Hellman and Company to perform a 2021 audit of the boroughs finances.
The cost of the review is a little more than $18 K in total, officials said. A little more than $6000.00 is to audit the borough’s sewer books and the remaining $12,000.00 to go over the municipal books. Borough officials said the firm increased the audit fees about three percent, this year. Its the first time in about 10 years the fees were increased, Borough Manager James Dillon said.