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.
Indian Creek Foundation
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 […]
Sharon Hill Commons
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 […]
The Shelter Group
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 […]
St. James Place
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 […]
Red Hill Senior Associates, LP
Homes for Low Income Seniors. Red Hill Senior Associates, LP received a loan for the establishment of Red Hill Villas in Montgomery County, Pa. The property offers 68 units in a complex dedicated to low to moderate income seniors. The property is also managed by Arbor Management.
Greater Norristown Police Athletic League
Center for Youth. Greater Norristown Police Athletic League (PAL) received a loan for the purchase of a 2-story, 11,288 square foot facility in Norristown, Montgomery County, Pa., to be used as an activity center for youth ages 8-18. Greater Norristown Police Athletic League is a non-profit, volunteer organization serving the youth and families of the […]
Hedwig House, Inc.
Housing, Day Programs for the Mentally Challenged. With multiple locations throughout Montgomery County, Pa., Hedwig House, Inc., provides programming and housing for mentally challenged clients. A loan for a twin home used as a group home in Pottstown, Montgomery County, Pa. (Loan Pool III – 2/27/2007) A loan in 2001 helped set up a 6,469 […]
Pregnancy Resource Clinic of North Penn
Pregnancy Resource Clinic of North Penn. Funding for a pregnancy clinic run by North Penn Pregnancy Counseling helped to open doors in Lansdale, Montgomery County, PA in 2002. The organization is now named Pregnancy Resource Clinic of North Penn. The program offers free pregnancy testing, counseling for pregnant women considering abortion, parenting or adoption, and […]
The Ingerman Group
Affordable Apartments for Seniors. 52 one-bedroom and 8 two-bedroom apartments in Ambler, Montgomery County, Pa., were made available to senior citizens living at 40 to 50 percent of the area’s median income with a loan to Ambler Plaza managed by The Ingerman Group. The apartments are within a block of the Ambler Train Station and […]
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