Valley Youth House has a mission of being the catalyst for youth to achieve their desired future through genuine relationships that support families, ensure safe places, and build community connections. Community Lenders provided long term financing to purchase a 1,152 sf three bedroom, one bathroom single family home to utilize as a youth program home. To find out more about …
Willows at East Greenville
Willows at East Greenville is a mixed-income multi-family rental project that contains 71 apartments including 2 efficiency units, 20 One-bedroom units, 33 two-bedroom units and 16 three-bedroom units. Of the total 71 units, twelve (12) are be market-rate units. The remaining fifty nine (59) units participated in the low-income housing tax credit program. One unit has been designated as a …
BARC Development Services Housing
BARC Developmental Services is a long time customer of Community Lenders. We have had the privilege of financing a number of their group home purchases over the years. These three homes were just recently purchased by BARC, and are utilized as group homes for BARC clients. All three of these homes house five mentally handicapped adults who live in the …
Susquehanna Square Housing
Susquehanna Square Housing consists of 37 units, scattered site, new construction housing for low income households and received subsidy from the Philadelphia Housing Authority. Community Lenders worked with Community Ventures on the long term take out financing for this project. The two newly constructed three story walk-up buildings which house 35 apartments and a three-story duplex with two additional unit. …
Lillia Crippen
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 a rapidly gentrifying neighborhood. To …
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 the three entities to build …
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 Housing Capital, LLC and PHARE …
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 in the metropolitan Philadelphia area. …
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 awarded a $750,000 grant from …