Whitemarsh-Ridge Associates 2012 LP Whitemarsh Senior Village is a fully constructed residential community comprised of 62 units of affordable senior housing on East Ridge Pike in Whitemarsh Township. The property has 4 two-bedroom units and 58 one-bedroom units in a three story, mid-rise elevator serviced building. All units are Low-Income Housing Tax Credit (LIHTC) available […]
YWCA Tri-County Area Community Lenders has helped the YWCA Tri-County Area located in Pottstown to acquire a building that will house its administrative offices and adult education programs. By moving the administrative staff into the new three story office building that is located across the street from their current facility, the YWCA can create the […]
The mission of Community Lenders is to provide long-term financing to organizations that work to improve their communities. We help mission-driven organizations in Berks, Bucks, Chester, Delaware, Lehigh, Montgomery, Northampton and Philadelphia Counties by making competitive loans with favorable terms that ultimately build their communities. By pooling loan money, our 30 member banks are able […]
Habitat for Humanity of Montgomery County, PA has its ReStore at 533 Foundry Road in West Norriton. The ReStore sell new and used building materials to the public at discounted prices. Shoppers find appliances, furniture, lighting, flooring, cabinets, tile, carpet, lumber, doors and more all in 8,000 square feet of retail space.
2 New Loans Provide Affordable Housing Opportunities in Northeast Philadelphia. Community Lenders was able to provide 1260 Housing Development Corporation (1260 HDC) with 2 loans in December 2009 that helped finance the purchase of 2, 3-story buildings in the Northeast neighborhood of Philadelphia. 1260 HDC will be able to provide low-income residents with physical and […]
A New Theater in Downtown Pottstown. A loan to Village Productions now known as Steel River Playhouse paid off the construction loan for a new theater facility in Pottstown, PA., which opened in December 2008. The nonprofit playhouse is a black box theater with two world-renowned artists as honorary co-chairs—singer and songwriter Daryl Hall of […]