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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 the management agent for over 40 properties located in several states. This diversity allows Arbor to offer expertise in a variety of affordable housing programs on both the state and federal levels. Programs administered by Arbor include: Section 8 (family and elderly), Section 236, LIHTC (family and elderly), Rural Development, Home Funds, Federal Home Loan Bank Affordable Housing Program, HODAG and Hope VI.

Filed Under: News Tagged With: Residential Loans

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How To Apply

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Community Lenders CDC

120 East Broad Street
Suite 2
Souderton, PA 18964

215-799-1340

Audrey McMichael 
(Executive Director)

Residential Loans

NewCourtland

We provide 30-year financing for low and middle-income housing projects (not to individual homeowners).

Community Development

We provide 25 year financing for non-profits for facilities that will contribute to the area’s development and economic well-being.

Mixed Use Loans

The Brandywine CenterFor facilities that offer both housing and community development activities, we provide 25 or 30 year loans.

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