Feds reach storm water settlement
The U.S. Environmental Protection Agency and the Department of Justice reached a $4.3 million settlement June 11 with four of the nation’s largest home building companies for alleged Clean Water Act violations at their construction sites – including sites in Clark County.
Centex Homes, Pulte Homes, KB Homes and Richmond American Homes were charged with violating requirements for the control of storm water runoff at construction sites across the country.
Among other sites in Washington, Centex’s Misty Meadows and Walnut Manor sites in Clark County were covered by the settlement. Centex is based in Dallas.
The Clean Water Act requires construction sites to have controls in place to prevent pollution from being discharged with storm water into nearby waterways. Such controls include silt fences, phased site grading and sediment basins.
Apartment complex sells in Vancouver
The 47-unit Corporate Woods Apartments in Vancouver sold for $3.5 million, or about $74,500 per unit, according to Portland-based Hagerman, Frick O’Brien, which represented the buyers in the transaction.
Four Portland-area LLCs joined together to buy the complex from Boston-based 745 Special Assets LLC.
Prudential NW site adds foreclosure search
Prudential Northwest Properties, which lists homes in the Vancouver-Portland metro area, teamed with RealtyTrac to allow potential buyers to search for foreclosures on the Prudential site, www.prunw.com.
RealtyTrac maintains a nation-wide database of foreclosures, with more than 800,000 default, auction- and bank-owned homes.
New Tradition unveils affordable homes
Vancouver-based New Tradition Homes held a grand opening June 14th for its Columbia Hills development in Ridgefield. The homes are built to Energy Star and Earth Advantage and start at $279,000 to $329,000.
