| | Feds, State Probing Financial ‘Torching’ |
 | | Luciano said the community organization’s estimate for the cost of repairs totaled nearly $7 million, but the Housing Preservation and Development Department allocated $8 million to help the housing group restore the buildings. |
| | Rivera has refused to sign over title to the buildings, so the department has declared 10 Banana Kelly buildings in default and begun foreclosure proceedings, according to departmental spokeswoman Carol Abrams. |
| | In the meantime, however, Rivera is retaking control of the buildings she had already signed over to be managed by the South East Bronx Community Organization more than a year ago, according to Luciano. |
| www.virtualboricua.org /Docs/dn67.htm (539 words) |
