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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 living rental communities. The Park View communities were begun in 1989 to serve seniors whose income is too high to permit government assistance but too low to support entry into many conventional retirement centers. Typically, Park View communities comprise 100 units in a three-story mid-rise building and serve people whose income is less than 60 percent of median income within the region.

Filed Under: News Tagged With: Residential Loans

Community Lenders

Latest News

  • Canal Park Apartments
  • Knox Avenue Senior Apartments
  • Wilson Manor Apartments
  • Grandview Apartments

How To Apply

Learn More About How To Apply For A Loan

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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