PHILADELPHIA (CBS) – Though the chairman of the board of the embattled Philadelphia Housing Authority originally said that members will abide by a request by the U.S. Department of Housing and Urban Development to resign, Chairmen and former mayor John F. Street has now released a statement that says they will not.

“I have spoken to each member of the Board and we will not resign in response to the HUD press release. We share HUD’s interest in improving PHA’s operations and we stand ready to fully cooperate with HUD as we have done in the past. However, we feel resigning is unwarranted,” Street’s statement reads.

A special meeting of the Philadelphia Housing Authority board will be held Friday, March 4, 2011 at 10AM to offer additional comments on this matter.

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