The Lillia Crippen project consists of 46 townhomes, of which 14 are two-bedroom, 28 are three-bedroom and 4 are four-bedroom units. Community Lenders worked with Women’s Community Revitalization Project (WCRP) to provided the long-term financing for capital improvements and energy efficient enhancements to refinance the units of affordable housing to preserve its long-term affordability in […]
GALA Senior Housing
This four story building was built by Conifer Management LLC, a for-profit, nationally recognized affordable housing developer, BCM Affordable Housing and Mt Airy Baptist church. A 1/2 acre of land in the West Oak Lane section of Philadelphia owned by Mt Airy Baptist Church was leased for a $1 a year for 99 years to […]
Barley Square Apartments
The Woda Group, Inc (for-profit, nationally recognizes affordable housing developer) constructed a 57 unit apartment building for seniors 62 and older, earning less than 60% of the area’s median income in Reading, Berks County, PA. There are 45 one bedroom apartments and 12 two bedroom units. This project is a LIHTC equity project from Hudson […]
Annual Report 2021
At Community Lenders, we are fortunate to know some true community heroes and are inspired by many others. In this annual report, we share some of their stories and how their legacies led to the creation of homes for everyday heroes, families, seniors and veterans. Annual Report 2020-2021
700 Somerset Partners
Oren Brothers Real Estate, a private, family-owned, builder and manager of award-winning multi-family communities in the Philadelphia region, partnered with Veterans Multi-Service Center, Inc., a non-profit corporation for this project. Veterans Multi-Service Center Inc.’s mission is to provide outreach, counseling, employability assessment, job training and placement, permanent housing, transitional living and supportive services to veterans […]
Mantua Preservation Project
Mantua Preservation Project consists of ten scattered-site properties within a two block area in the Mantua section of Philadelphia. These buildings consist of 9 triplexes and 1 duplex. The $2.5 million dollar revitalization of the properties was done through a combination of permanent financing from Community Lenders and capital grants. Mantua Preservation Project LLC, was […]
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.