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 […]
Hedwig House, Inc.
Housing, Day Programs for the Mentally Challenged. With multiple locations throughout Montgomery County, Pa., Hedwig House, Inc., provides programming and housing for mentally challenged clients. A loan for a twin home used as a group home in Pottstown, Montgomery County, Pa. (Loan Pool III – 2/27/2007) A loan in 2001 helped set up a 6,469 […]
Pregnancy Resource Clinic of North Penn
Pregnancy Resource Clinic of North Penn. Funding for a pregnancy clinic run by North Penn Pregnancy Counseling helped to open doors in Lansdale, Montgomery County, PA in 2002. The organization is now named Pregnancy Resource Clinic of North Penn. The program offers free pregnancy testing, counseling for pregnant women considering abortion, parenting or adoption, and […]
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.