More delays for Moody Housing - WALB.com, Albany News, Weather, Sports

More delays for Moody Housing

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March 27, 2008

Valdosta - Congressman Jack Kingston says the Carabetta group is keeping the Air Force from moving forward with the Moody Family Housing project and many subcontractors from getting their money.

He says a letter of intent to sign a new contractor to purchase the failed housing project has been halted because carabetta refuses to sign it.   They want the air force to keep them off a government watch list and protect them from law suits.

Subcontractors in Lowndes county are still owed nearly ten million dollars and many have already filed suit against Carabetta.

And each day that goes by, the subcontractors are even more in the hole.

"Not only have these subcontractors lost a lot of money but they are still paying interest on it and paying legal fees. And those legal fees are $2,500 to $10,000 so they are spending money to recover money," says Congressman Kingston

Kingston believes the air force will deny the Carabetta groups request and hopes to have the letter signed by the end of the week.

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