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Affordable Housing Program
2007B Funding Round Recipients
Total units: 987
Total AHP grants: $8.9 million
Total development costs: $157.44 million
Eastern Pennsylvania
Central Pennsylvania
Western Pennsylvania
Delaware
West Virginia
Out of District
Eastern Pennsylvania
Angela Court II
Philadelphia, PA
Lender:
Beneficial Savings Bank
Sponsor:
St. Ignatius Nursing Home
Total units: 54
Total AHP grants: $350,000
Total development costs: $8,388,385
Angela Court II will consist of 54 newly-constructed one-bedroom apartments for low-income seniors, 62 years and older, in the 4400 block of Fairmount Avenue within the Mill Creek neighborhood of West Philadelphia. The development of Angela Court II, to be build adjacent to the original and remaining Angela Court structure, represents another portion of the renewal of Mill Creek spurred by the Hope VI Mill Creek Revitalization Program. More than half of the rental units at Angela Court II will serve residents with incomes standing at 50 percent of less of the area median income. The entire development will be accessible to the physically disabled. Angela Court II will meet the standards of Green Building Compliance. St. Ignatius Nursing Home, the project sponsor, will provide an array of supportive services onsite.
Hart Homeownership
Allentown, PA
Lender:
Keystone Nazareth Bank
Sponsor:
Allentown Housing Authority
Total units: 53
Total AHP grants: $290,000
Total development costs: $15,021,020
The redevelopment of the former Hanover Acres/Riverview Terrace public housing project consists of demolishing 421 existing living units and replacing them with 269 rental and 53 for-purchase units. Twenty-nine of the 53 owner-occupied units will serve as replacement units for public housing. The remaining 24 units will be sold to buyers earning 80 percent or more of area median income. The new HART project will provide a modern, diverse stock of housing that encompasses townhouses and duplex-style units with one to four bedrooms. AHP funding for this phase of the project will be dedicated to 53 three-bedroom units, three of them for the physically handicapped. This Hope IV project, located at the intersection of East Howe and East Court streets on Allentown’s east side, is intended to meld architecturally with the surrounding community. This project has received AHP funding during earlier phases of development.
My Place Germantown
Philadelphia, PA
Lender:
PNC Bank
Sponsor:
Community Ventures
Total units: 12
Total AHP grants: $378,147
Total development costs: $1,413,147
My Place Germantown will renovate a former convent affiliated with St. Vincent de Paul Church in the Germantown neighborhood of Philadelphia in order to provide permanent housing for twelve formerly homeless men. The renovation will include a large common room with full kitchen, a space for gatherings and social programs and offices for staff. All units will be efficiencies with a bedroom-living area, kitchenette and full bathroom. Support services will be provided on site around the clock and also through St. Vincent de Paul Church, Inn Dwelling Inc. and Face to Face, Inc. Homeless men visiting such programs have expressed their desire to stay in the neighborhood and not travel to larger, downtown shelters.
Northeast I - Keystone
Philadelphia, PA
Lender:
Firstrust Bank
Sponsor:
1260 Housing Development Corporation
Total units: 23
Total AHP grants: $230,000
Total development costs: $4,719,304
Keystone is a 23-unit apartment building serving low-income and special needs households. Located at 6424 Keystone Street in the Tacony neighborhood of Philadelphia, the building is mostly occupied but needs a significant rehabilitation to bring it up to current building code standards and improve marketability. Residents will include formerly homeless persons and those with physical or mental disabilities. Social services will be provided by Episcopal Community Services while residents with serious mental disabilities will work with the Supportive Independent Living Program.
Northeast II - Ditman
Philadelphia, PA
Lender:
Firstrust Bank
Sponsor:
1260 Housing Development Corporation
Total units: 34
Total AHP grants: $330,000
Total development costs: $6,981,127
A mirror project to Keystone I, also sponsored by 1260 Housing Development Corporation and receiving AHP funds, this project is located at 8020 Ditman Street in the Mayfair-Holmesburg neighborhood of Northeast Philadelphia and also involves substantial rehabilitation work to bring the site up to current standards and improve marketability. Four of the units receiving AHP funding will serve the physically handicapped and seven, the homeless. Episcopal Community Services and Supported Independent Living are project partners.
Powelton Gardens
Philadelphia, PA
Lender:
Firstrust Bank
Sponsor:
1260 Housing Development Corporation
Total units: 16
Total AHP grants: $255,308
Total development costs: $3,760,035
With $255,308 in AHP funds from FHLBank Pittsburgh for this phase of Powelton Gardens and $2,720,378 in LIHTC Equity through the Pennsylvania Housing Finance Agency, rehabilitation work will be undertaken at the West Philadelphia site, in part to reflect current building codes and in part to make Powelton Gardens a Green project. The clientele, low-income persons with disabilities, will be able to utilize a variety of support services.
Rosenfeld Apartments
Allentown, PA
Lender:
PNC Bank
Sponsor:
Alliance for Building Communities
Total units: 24
Total AHP grants: $125,000
Total development costs: $4,847,652
The architecturally significant Rosenfeld Apartments at the corner of Seventh and Walnut streets in Downtown Allentown consists of 24 apartments and one commercial space currently leased by Allentown’s Weed & Seed Program. The three brick buildings that comprise the complex are in serious need of repair as some basic infrastructure is functionally obsolete and lend themselves to safety issues. ABC will install a new heating system to help lower the cost of utilities, add air conditioning, replace the roofs, convert the commercial space into a community room, replace apartment windows and upgrade aesthetics. Rosenfeld Apartments are within walking distance of all center city retail establishments. PennHomes funding from the Pennsylvania Housing Finance Agency stands at $641,172 for this project.
St. John Neumann Place
Philadelphia, PA
Lender:
Beneficial Savings Bank
Sponsor:
Catholic Health Care Services
Total units: 75
Total AHP grants: $335,000
Total development costs: $17,172,254
St. John Neumann Place represents a substantial rehabilitation of an 87,000-square-foot former school building to provide 75 apartments for low-income seniors, 62 years and older. Until recently, the building served as the centerpiece of the Gray’s Ferry community in South Philadelphia. Now vacant, the structure - which sits in the midst of accelerating real estate values - will preserve long-term affordable rental housing in this community. The project concept, borne out of community participation in concert with the Archdiocese of Philadelphia, incorporates a nondenominational chapel that can be used for meetings, concerts and quiet reflection. Landscaping, coupled with the adjacent high school playing fields, will afford the community both visual and recreational benefits. Catholic Health Care Services will staff a full-time social services coordinator onsite. PNC MultiFamily Capital is providing $11,998,800 in LIHTC Equity for this project, representing 70 percent of the project’s funding.
Southwest Renewal - Phase II
Philadelphia, PA
Lender:
Citizens Bank of Pennsylvania
Sponsor:
Philadelphia Housing Development Corporation.
Total units: 6
Total AHP grants: $180,000
Total development costs: $1,034,000
AHP funding will support units for six first-time homebuyers in this project, four of them three-bedroom units. The Southwest Renewal initiative is designed to renovate all vacant structures within a five-block radius of the Presby Homes and Services center in Southwest Philadelphia. Phase I encompasses 25 units. Targeted incomes range between 25-80 percent of area median income. Area residents, who have organized, are committed to improving their neighborhood through beautification efforts and a Neighborhood Watch program.
Stable Flats
Philadelphia, PA
Lender:
Sovereign Bank
Sponsor:
Stable Flats, LLC
Total units: 10
Total AHP grants: $500,000
Total development costs: $3,051,717
Located in the heart of Northern Liberties, a post-industrial community along the Delaware River, Stable Flats will be located on the site of an existing carriage company with active stables. The AHP project will consist of ten affordable housing units designed to staunch the outflow of local residents and stabilize community diversity. The remaining phases of the project will create a total of 70 residential units. Stable Flats is based on community involvement and will create a number of community assets, including a vegetable garden, flower garden, composting center, and children’s playground. As a LEED Gold-certified structure, Stable Flats will employ green roof technology, onsite renewal energy generation and storm water management.
Central Pennsylvania
Chambersburg Senior Housing
Chambersburg, PA
Lender:
Farmers & Merchants Trust Company
Sponsor:
Interfaith Housing Alliance
Total units: 32
Total AHP grants: $275,000
Total development costs: $6,468,714
Interfaith Housing Alliance, joined by PIRHL Developers, LLC, will construct this affordable senior housing development, an Energy Star-rated, 32-unit two-story apartment building located on a 2.5-acre portion of Southgate Shopping Center in an Elm Street target area. Chambersburg Senior Housing will serve families with incomes at or below 50 percent of the area median income. Each unit will contain two bedrooms and a bath. Units will be digitally accessible and Green Building features will be incorporated. The building’s second floor will include a health and wellness center and a business center furnished with computers.
Country Club Apartments
Lancaster, PA
Lender:
Fulton Bank
Sponsor:
Community Basics, Inc.
Total units: 95
Total AHP grants: $250,000
Total development costs: $19,017,991
Ninety-five units of work force housing will be spread across eight apartment buildings within this project. Seventeen four-bedroom, 24 three-bedroom and 54 two-bedroom units will be available to tenants who will receive a variety of free social service programs provided by Tabor Community Services and United Disabilities Services. Seven of the units will be available to families with incomes up to 80 percent of the area median income; the rest at 60 percent AMI or below. All units will be built to Green Building Compliance. The Pennsylvania Housing Finance Agency is providing $1.5 million in PennHomes funding for this project.
Lancaster Area Habitat for Humanity Queen Street Homes
Lancaster, PA
Lender:
Susquehanna Bank
Sponsor:
Lancaster Area Habitat for Humanity.
Total units: 8
Total AHP grants: $80,000
Total development costs: $1,319,700
Habitat has purchased and razed five condemned row houses in the 700 block of South Queen Street in Lancaster. Eight new homes will be built to replace the fire-damaged structures. All properties were vacant and eyesores. The neighborhood is in the early stages of residential and commercial redevelopment in a Keystone Opportunity Zone. As with all Habitat projects, identified homebuyers will be required to contribute 500 hours of “sweat equity” to their own or a prospective neighbor’s unit. Construction of the last four homes is scheduled for spring 2008 with completion by spring 2009. New homes will be sold at cost with a zero-percentage mortgage to families at 30-60 percent of the area median income.
New Cumberland Senior Housing
New Cumberland, PA
Lender:
PNC Bank
Sponsor:
Cumberland Senior Housing Associates
Total units: 10
Total AHP grants: $250,000
Total development costs: $2,762,028
The Borough of New Cumberland has been renewing its downtown core for several years. Cumberland Senior Housing Associates is acquiring a cornerstone property in this area - the former Iroquois Hotel - and will create ten one-bedroom units within a three-story mixed-use structure. Two existing first-floor commercial units will be maintained. Two of the units will be handicapped accessible and offer rents set at 20 percent of the area median income.
Western Pennsylvania
Centre Avenue YMCA Housing Program
Pittsburgh, PA
Lender:
PNC Bank
Sponsor:
YMCA of Greater Pittsburgh
Total units: 94
Total AHP grants: $500,000
Total development costs: $2,290,000
YMCA of Greater Pittsburgh is modernizing its Centre Avenue YMCA Housing Program, located in the city’s Hill District, to provide upgraded, affordable single-room occupancy for residents who are homeless or earn less than 50 percent of the area median income. The “Y” currently provides housing for 75 adult males. Renovation work will result in a total of 94 units, including 20 units for homeless men, as well as new bathrooms, laundry facilities, common space and multl-purpose rooms. AHP funding will be spread across all 94 housing units. Originally constructed in 1922, the building’s age also requires that plumbing, heating and electrical systems be replaced. In addition, an elevator will be added to allow handicap accessibility to all floors. The renovation to create new living quarters will take the form of building out the second floor over the gymnasium. Other partners in this project include the McCune Foundation, RK Mellon Foundation and YMCA Capital Campaign contributors.
East Hills Homes
Allegheny County, PA
Lender:
PNC Bank
Sponsor:
3rd East Hills Limited Partnership
Total units: 38
Total AHP grants: $490,000
Total development costs: $9,964,997
East Hills Homes consists of the development and sale of 38 units of housing. The style, scale and location of this project are intended to make a positive contribution to the overall East Hills revitalization effort. Ten single-family detached homes and 20 townhouses will be built along Bracey Drive; eight renovated townhomes will be completed along Park Hill Drive. An additional 45 rental units along Bracey are a separate part of the overall plan.
2008 Rehabilitation Project
100 Scattered sites/Western PA
Lender:
Mars National Bank
Sponsor:
Hosanna Industries, Inc.
Total units: 100
Total AHP grants: $300,000
Total development costs: $576,500
This geographically ambitious initiative to rehabilitate aging housing stock will encompass 100 homes for low- and very-low-income families. Largely single-family dwellings in need of considerable upgrades, staff and volunteers associated with the faith-based housing ministry, Hosanna Industries, will rid structures of energy inefficient, high-maintenance materials. Hosanna will also work with residents to provide them with access to home maintenance and other counseling. Participating properties are located primarily across Allegheny and Butler counties.
Delaware
Clayton Court Apartments
Wilmington, DE
Lender:
Wilmington Trust Company
Sponsor:
Cornerstone West Community Development Corporation
Total units: 72
Total AHP grants: $500,000
Total development costs: $14,284,913
In partnership with Delaware Valley Development Company, Cornerstone West will acquire and fully renovate this 72-unit apartment complex, now in substandard condition and deteriorating. According to a statewide housing assessment, Wilmington needs to add at least 345 newly-constructed or renovated low-income rental units to meet demand, a goal this project will help achieve. Thirty-eight million dollars has already been invested in the surrounding area to reverse a course of decline, and the new Clayton Court Apartments are designed as part of that turnaround effort. The City of Wilmington and Delaware State Housing Authority are among project partners.
Family Rescue Project
Wilmington, DE
Lender:
Wilmington Savings Fund Society, FSB
Sponsor:
Sunday Breakfast Mission, Inc.
Total units: 40
Total AHP grants: $500,000
Total development costs: $4,554,974
With $500,000 in AHP funding from FHLBank Pittsburgh as well as other funding sources, sponsor Sunday Breakfast Mission will develop a 40-unit transitional housing facility to serve homeless women and children. The 30,000-square-foot development will include a common kitchen, medical offices, counseling space, a gymnasium and child play areas. The new project will be built adjacent to the existing Sunday Breakfast Mission site that has been serving Northern Delaware since 1893. A key feature of programming will be shelter-based substance abuse treatment.
Fresh Start
Wilmington, DE
Lender:
Sovereign Bank
Sponsor:
Gaudenzia Foundation, Inc.
Total units: 40
Total AHP grants: $500,000
Total development costs: $2,275,857
Gaudenzia Foundation will expand the supply of transitional supportive housing for homeless young adults with special needs through the rehabilitation of 5,500-square-feet of currently unused space at its Fresh Start facility, located at 604 W. 10th Street in Wilmington. This is the second and final phase of a project to renovate the property. Twenty transitional units of housing will be added, along with a kitchen and other interior modifications. The first twenty units will be reconfigured. Fresh Start is a long-term residential drug and alcohol treatment program for young adults (ages 18-25).
Miller’s Row
Wilmington, DE
Lender:
Wilmington Trust Company
Sponsor:
Habitat for Humanity of New Castle County, Inc.
Total units: 7
Total AHP grants: $87,500
Total development: $805,000
Miller’s Row is a new seven-unit Habitat-built subdivision, one of the first of several projects to be undertaken in the neighborhood of Prices Run with Greater Brandywine Village Revitalization. GBVR started land-banking projects in the area with assistance from the City of Wilmington. Once a notoriously crime-infested zone, homeownership opportunities are now seen as a significant tool in creating greater area stability. Three-bedroom units with off-street parking will meet Energy Star ratings.
West Center City Homeownership Initiative
Wilmington, DE
Lender:
Citicorp Trust Bank, FSB
Sponsor:
Interfaith Community Housing of Delaware
Total units: 12
Total AHP grants: $180,000
Total development costs: $2,928,349
Working with City of Wilmington HOME funds, Interfaith Housing acquired 15 properties to develop in the West Center City neighborhood, three now completed and sold. Rehabbed townhomes will have restored facades and newly built townhomes will have brick facades to complement the 100-year-old urban architecture of the neighborhood. All twelve units will feature at least three bedrooms, energy efficient appliances and Internet access. AHP funds will be used for both new construction and rehabilitation work.
West Virginia
Artisan Avenue Redevelopment Project
Huntington, WV
Lender:
United Bank
Sponsor:
Huntington Area Habitat for Humanity, Inc.
Total units: 5
Total AHP grants: $72,084
Total development costs: $278,000
As a follow-up to its completion of 63 homes, Habitat is partnering with the City of Huntington to help stabilize a section of the city that has deteriorated into rampant crime and blight. Numerous houses have been abandoned or vacated and are in need of replacement. Habitat will construct five new homes in the 1900 block of Artisan Avenue through 2008. Partner families, who earn 30-60 percent of the area median income, will invest “sweat equity” in their or another purchaser’s project and enjoy zero percent financing. Three homes will be earmarked for first-time homebuyers, including a homeless family and another with a disabled family member.
FFC Community Housing-I
Williamstown, WV
Lender:
United Bank
Sponsor:
Foundation for the Challenged
Total units: 7
Total AHP grants: $215,050
Total development costs: $587,050
Located in a rural setting outside Parkersburg, this project will provide safe and affordable housing for individuals who are transitioning out of state mental health facilities. Each occupant, 18 years or older, is a Medicaid recipient. Westbrook Health Services will provide a variety of onsite counseling services around the clock. This project will serve individuals who likely would be homeless without this facility.
Highland Meadows
Elkins, WV
Lender:
Mountain Valley Bank
Sponsor:
Highland Community Builders, Inc.
Total units: 15
Total AHP grants: $270,000
Total development costs: $1,767,445
To be built on Wilson Lane in Elkins, Highland Meadows’ first phase will include 29 units, 15 of them dedicated to low- and very-low-income families including ten first-time homebuyers. The AHP grant will be used to help keep the units affordable.
New Beginnings
Weston, WV
Lender:
Citizens Bank of Weston
Sponsor:
Mountain CAP of WV, Inc.
Total units: 8
Total AHP grants: $250,000
Total development costs: $1,046,989
New Beginnings will be the first transitional housing program available in central West Virginia for victims of domestic violence. Most residents will move out of two domestic violence shelters in Elkins and Fairmont. An advisory board of citizens will oversee implementation and management of the project. A full time social worker will remain onsite and services will encompass assistance with job skills, employment, parenting skills, education and drug and alcohol abuse recovery. The AHP grant represents the final 25 percent of project costs needed to bring this project to completion. Construction is expected to start in July 2008.
Rea of Hope Fellowship Home
Charleston, WV
Lender:
United Bank
Sponsor:
Rea of Hope Fellowship Home, Inc.
Total units: 7
Total AHP grants: $275,000
Total development costs: $405,000
Working with the West Virginia Housing Development Fund and with a grant from the Division of Alcoholism and Drug Abuse, AHP funding will help create a safe haven for women 18 years of age and older who are in addiction recovery. With an estimated 15,000 women in the Kanawha Valley in these circumstances, this project’s need is immense. This new rental facility at 200 Beauregard Street, part of an existing program, will involve creating transitional living space for women, with or without children, who are graduates of the Rea of Hope program and who are the final stages of fully reentering the community. The goal is to see these women resolve any financial problems, stabilize their employment and remain addiction-free before they depart.
Out of District
Boodry Place
Morehead, KY
Lender:
PNC Bank
Sponsor:
Frontier Housing
Total units: 32
Total AHP grants: $350,000
Total development costs: $4,246,455
Boodry Place will be a three-story dwelling containing 32 units serving the elderly and persons with disabilities. Of exterior wood frame construction, living units will feature one or two bedrooms and green technologies to reduce energy and water consumption. Residents will have access to transportation to a nearby senior citizens center for social service programs, and lay healthcare workers will visit residents to determine their needs and serve as advocates. Green space at the site will include a playground.
Greenwood Gardens
East Orange, NJ
Lender:
Sovereign Bank
Sponsor:
Brand New Day, Inc.
Total units: 11
Total AHP grants: $110,000
Total development costs: $2,085,257
A vacant, gutted multifamily building, abandoned by a developer 17 years ago, will be resurrected for low- and moderate-income housing. Construction will modernize the building, making it safer and greener. Greenwood Gardens will consist of one-, two- and three-bedroom rental housing. A variety of free onsite services will be made available to tenants and the wider community including financial literacy classes, homebuyer education, credit counseling and job readiness instruction.
Sweetbriar
Barrington, RI
Lender:
Citizens Bank of Pennsylvania
Sponsor:
East Bay Community Development Corporation.
Total units: 47
Total AHP grants: $375,000
Total Subsidized Advance: $97,352
Total development costs: $13,386,716
In Barrington, RI, only 1.5 percent of homes are considered affordable, falling short of the state-mandated goal of ten percent. Sweetbriar is an infill development located on the site a former elementary school that will help rectify the shortage of affordable housing and the availability of affordable housing for the non-elderly in particular. This new development is being designed with families in mind and is located close to educational, retail and recreational facilities. A range of housing types are envisioned, including two-story townhouses and duplexes. |
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