Legal Aid of Southeastern Pennsylvania got a new home as a tenant in Norristown, Montgomery County, when the Regional Housing Development Corp. (now called Commonwealth Housing Development Corporation) received funds to rehabilitate a three-story office building for professional office space. They converted the building to serve as the central office of Legal Aid of Southeastern […]
Homes for Seniors With Below Area Medium Income. French Creek Housing Partnership received a loan for a 70-unit, low income housing project for seniors at or below 60 percent of the area median income. The project is located in Phoenixville, Chester County, Pa.
Training for Adults with Developmental Disabilities. Indian Creek Foundation of Souderton, Montgomery County, Pa. was able to move its administrative offices, plus program space to a former private elementary school in Franconia Township, Montgomery County, Pa. with a loan from Community Lenders. This 54,068 square foot building is now used for administration as well as […]
Affordable Housing for Families. Sharon Hill Commons received a loan to establish safe, affordable housing for low income families with housing payments of not more than 30 percent of household gross income. They used the loan to provide an 11-unit apartment building and 20 residential townhomes at one site and a 2-unit residential building and […]
Moderate Income Housing for Seniors. A loan for Park View at Cheltenham helped to build a new 74-unit apartment building for seniors with moderate income in Elkins Park, Montgomery County, PA. The property is owned and managed by The Shelter Group, a national real estate development and property management company specializing in multi-family and senior […]
Section 8 Housing for Seniors. St. James Place, a Limited Partnership received a loan for a property in, Downingtown, Chester County, Pa. The property is a 28,515 square foot, 2 story, 40-unit apartment building for residents who meet Federal requirements for Section 8 housing. The apartments are operated by Arbor Management. Arbor Management, LLC is […]