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 18 residential townhomes at another site in Sharon Hill, Delaware County, Pa.
Residential Loans
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
For facilities that offer both housing and community development activities, we provide 25 or 30 year loans.