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Congressman Denies He Got Deal on House
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Candidate
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Contributor | RP |
Last Edited | RP Mar 30, 2006 02:59pm |
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Category | General |
Media | Newspaper - Washington Post |
News Date | Thursday, March 30, 2006 05:00:00 AM UTC0:0 |
Description | Rep. Jim Ryun on Wednesday denied allegations by Democrats that he received a "sweet real estate deal" when he purchased a town house from a nonprofit group with connections to lobbyist Jack Abramoff.
The Kansas Republican bought the historic Capitol Hill town house for $410,000 on Dec. 15, 2000. That was $19,000 less than the U.S. Family Network paid for the home about two years earlier, in January 1999, despite a sharp rise in local real estate values during that time.
He denies receiving any favorable treatment in the purchase. He declined to be interviewed but said in a written statement that he paid "fair market value" for the home.
The home is currently assessed at $764,310 for tax year 2007, according to the city's Office of Tax and Revenue. |
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