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 […]
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 […]
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.
Affordable Apartments for Seniors. 52 one-bedroom and 8 two-bedroom apartments in Ambler, Montgomery County, Pa., were made available to senior citizens living at 40 to 50 percent of the area’s median income with a loan to Ambler Plaza managed by The Ingerman Group. The apartments are within a block of the Ambler Train Station and […]