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Tag: Residential

Pentecostal Senior Housing LP

Pentecostal Square The Ingerman Group has made a huge impact in the city of Chester by constructing a beautiful 70 unit affordable senior housing apartment complex in partnership with First Pentecostal Holy Church.  This new facility provides a safe, clean environment for the area seniors.

Filed Under: News Tagged With: Residential Loans

Northeast Philadelphia 1260 HDC

2 New Loans Provide Affordable Housing Opportunities in Northeast Philadelphia. Community Lenders was able to provide 1260 Housing Development Corporation (1260 HDC) with 2 loans in December 2009 that helped finance the purchase of 2, 3-story buildings in the Northeast neighborhood of Philadelphia. 1260 HDC will be able to provide low-income residents with physical and […]

Filed Under: News Tagged With: Residential Loans

Community Action Agency of Delaware County

Our loan to Community Action Agency of Delaware County (CAADC) paid off the construction loan for a single family home in Sharon Hill Commons in Sharon Hill, Pa. CAADC rents the home to a family that falls beneath the area median income for Delaware County, with the hopes that the family will eventually be able […]

Filed Under: News Tagged With: Residential Loans

Arch III Associates

Permanent, independent housing for low-income individuals and adults with disabilities. Our loan to Arch III Associates helped finance renovations of Powelton Gardens, a 16-unit building housing low-income individuals, some of whom have mental or physical disabilities. Most of the project was funded by a tax credit syndication—Community Lenders closed the gap to provide the rest […]

Filed Under: News Tagged With: Residential Loans

BARC

Group homes for adults with developmental disabilities. BARC  purchased two houses that serve as group homes for adults with developmental disabilities. The single-family homes, which are located in Sellersville, Pa., and Hilltown, Pa., are home to as many as 11 adults who receive support and services from BARC. Based in Holicong, Pa., BARC is a […]

Filed Under: News Tagged With: Residential Loans

Better Homes, Inc.

Townhouses for Low to Moderate Income Individuals. Community Lenders was able to assist Better Homes, Inc. of Bucks County (BHI) by refinancing Silverlake Plaza Apartments, which contains 15 townhouses. BHI is a Community Housing Development Organization and has been a developer of affordable housing for over 25 years. BHI has rehabilitated and sold nearly 100 […]

Filed Under: News Tagged With: Residential Loans

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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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