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Valuation dispute could imperil thousands of affordable housing units

Kathy Mesner has a word for the potential fallout from a property valuation dispute in Lancaster County.

Catastrophic.

"I don't think it's too much to say it may be catastrophic not only in terms of bankrupting projects ... but displacing all these low-income households across the state," said Mesner, an attorney and president of Central City-based Mesner Development Co.

In the past year, a narrow disagreement on how to value 21 Lincoln-area properties has morphed into a court fight over a state law meant to support the building of affordable housing for lower-income Nebraskans.

The case, curr...

 

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