Training for Adults with Developmental Disabilities. Indian Creek Foundation of Souderton, Montgomery County, Pa. was able to move its administrative offices, plus program space to a former private elementary school in Franconia Township, Montgomery County, Pa. with a loan from Community Lenders. This 54,068 square foot building is now used for administration as well as […]
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 […]
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 […]
Red Hill Senior Associates, LP
Homes for Low Income Seniors. Red Hill Senior Associates, LP received a loan for the establishment of Red Hill Villas in Montgomery County, Pa. The property offers 68 units in a complex dedicated to low to moderate income seniors. The property is also managed by Arbor Management.
Greater Norristown Police Athletic League
Center for Youth. Greater Norristown Police Athletic League (PAL) received a loan for the purchase of a 2-story, 11,288 square foot facility in Norristown, Montgomery County, Pa., to be used as an activity center for youth ages 8-18. Greater Norristown Police Athletic League is a non-profit, volunteer organization serving the youth and families of the […]