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University City Townhomes residents have until end of year to move out: property owner

University City Townhomes residents have until end of year to move
University City Townhomes residents have until end of year to move 00:23

PHILADELPHIA (CBS) -- Residents of University City Townhomes now have until the end of the year to find new low-income housing, according to the property owner Altman Management.

The company plans to sell the housing complex to developers.

At one point, residents were trying to buy the property through a third party.

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