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Tri-County Housing Development Corporation structures its activities in direct response to the affordable housing needs of our region, as identified by the Commonwealth’s Consolidated Plan, County Housing & Redevelopment Authorities, County Commissioners and other pertinent state and local housing agencies. NewsHotel to house seniors, restaurant (copied with permission from the Carlisle Sentinel)
By Karla Browne , March 28, 2005 The funding package is complete to redevelop a former hotel and tavern on the Newport square into affordable senior citizen housing, a senior center and a restaurant. Mark Moseley of Tri-County Housing
Development Corp. told Perry County commissioners that construction could
begin on the $2.5 million project in about seven months and be completed
a year later.
A warehouse and garages behind
the buildings on Front Street will be demolished to create parking spaces
required by the finance agency, Moseley said. 2005 The Sentinel, Carlisle,
Pa. unless otherwise noted. (with permission from the Carlisle Sentinel) Mt Pleasant
Historic Apartments The Mt. Pleasant Apartments received
a Low-Income Housing Tax Credit Set-aside in September of 2004. Since
that time we have been working diligently to complete all planning and
zoning requirements. Pennsylvania
Housing Finance Agency Approves Funding Of Apartments for Older Adults
in Newport. HARRISBURG, Pa., May 13 -- William C. Bostic, Executive Director of the Pennsylvania Housing Finance Agency, announced the approval of a $481,000 funding package for the rehabilitation of a three-story rental development for older adults on South Second Street in Newport, Perry County. The project, Newport Square Apartments, will offer 11 one-bedroom rental units, including two apartments for persons with disabilities.
Bostic said that the project would help meet Perry County's affordable housing needs. "I'm pleased that the Commonwealth can offer this vital financing for such a worthwhile project," he said. The development is sponsored by Tri-County Housing Development Corporation, a nonprofit corporation, and will be managed by G. N. Management, Inc. of Lancaster. Tri-County Community Action Commission of Harrisburg will provide supportive services. Benatec/Integrated Building Arts of New Cumberland is the architect, and Cassel-Acri Construction, Inc. of Harrisburg is the general contractor. Approval for the project was given at the May Board meeting of the Pennsylvania Housing Finance Agency in Harrisburg. Funding from PHFA consists of a deferred loan in the amount of $417,000 and $64,265 of housing tax credits. The Cumberland County Redevelopment Authority is providing a Department of Community and Economic Development Community of Opportunities loan in the amount of $191,000; the County of Perry is providing a Community Development Block Grant in the amount of $85,000; the First National Bank of Newport is providing a $90,000 loan under the Federal Home Loan Bank Affordable Housing Program; and Newport Industrial Development Corporation is providing a $10,000 loan. Total cost of Newport Square Apartments is expected to be $1,325,000.
Pennsylvania
Housing Finance Agency Approves Funding of Apartments In Harrisburg. HARRISBURG, Pa., July 19 /PRNewswire/ -- William C. Bostic, Executive Director of the Pennsylvania Housing Finance Agency, announced the approval of a $878,000 funding package for the construction and rehabilitation of eight three- and four-story apartment buildings located in the Allison Hill section of Harrisburg. The project, Allison Hill II, will offer two one-bedroom, 15 two-bedroom, 7 three-bedroom, four four-bedroom and one five-bedroom rental units, including three apartments for persons with disabilities. The scattered site development is located at 1252-54, 1312-1314, 1330 and 1627-1633 Derry Street and at 204 South 13th Street. Bostic said that the Allison Hill project is integral to Harrisburg's efforts to provide housing that promotes community development and economic renewal. "I'm pleased that the Commonwealth can offer this vital financing for a project that means so much to the city," he said. The development is sponsored by Pennrose Equities and Tri-County Housing Development Corporation. Pennrose Management Company of Kingston will serve as management agent. Community Action Commission of the Capital Region will provide supportive services to residents. Stuart and LeFever Architects of Lancaster is the architect, and Coldwell, Heckles and Egan, Inc. of Lancaster is the general contractor. Approval for the project was given at the July Board meeting of the Pennsylvania Housing Finance Agency in Harrisburg. Funding from PHFA consists of a deferred loan in the amount of $580,000 and $297,727 of housing tax credits. The City of Harrisburg is providing a loan of $163,447, a Community Development Block Grant loan of $362,500 and a Lead Paint Hazard Grant loan in the amount of $296,400. Dauphin Deposit Bank and Trust Company is providing a $120,000 loan through the Federal Home Loan Bank Affordable Housing Program. Total cost of Allison Hill II is expected to be $3,721,000. What can be done to get rid of abandoned buildings? T he Housing Alliance of PA has identified a series of state level reforms that would make the acquisition of vacant and abandoned property cheaper, easier and faster. Read the report.
Allison Hill is selected as a "Weed and Seed" area. Combining an increased Police presence with Mayor Reed's Capitol Corridor Revitalization project might make Allison Hill one of the most desirable places to live in Harrisburg. Read about the Weed and Seed Project. The map below shows the Weed and Seed Boundaries.
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