Townhouses for Low Income Individuals. The Interfaith Housing Development Corporation of Bucks County developed a 20-unit townhouse development. Interfaith Housing Development Corporation of Bucks County is a partnership of 30 Catholic, Protestant, Jewish, and Quaker organizations created in 1987 to address the needs of the homeless and the lack of affordable housing within Bucks County, […]
Tag: Residential
Indian Creek Foundation – Group Homes
Group Homes for Mentally and Physically Handicapped. Indian Creek Foundation of Souderton, Pa, is a non-profit organization that provides residential housing, life and social skills training, work experience, and day program space for adults with developmental disabilities. Community Lenders provided financing to Indian Creek Foundation for the purchase of a number of single family homes […]
Keystone Opportunity Center
Emergency Shelter and Transitional Housing. Working with the Keystone Opportunity Center, Community Lenders provided a loan to convert a single-family home into 4 apartments in, Sellersville, Bucks County, Pa. Clients of IVHC will receive emergency shelter or transitional housing here while receiving counseling on homelessness prevention. IVHC’s goal is to help people become self-sufficient.
French Creek Housing Partnership
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.
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 […]
We provide 25 year financing for non-profits for facilities that will contribute to the area’s development and economic well-being.
For facilities that offer both housing and community development activities, we provide 25 or 30 year loans.