| TYPE: | Renovation / Rehabilitation |
| USE: | Residential |
| DEVELOPMENT CONFIGURATION: | Semi-detached single-family duplex dwelling Unit size 2,310 square feet Lot size 3,920 square feet Three-story, 5-bedrooms and 1½-bathrooms |
| MT. AIRY CDC INVOLVEMENT: | Site acquisition – a fire-damaged property The project was completed in partnership with the Affordable Housing Division of Resources for Human Development (RHD), a nonprofit social services agency Feasibility & planning Regulatory & approvals Construction & contract management Marketing & sales – leverage Mt. Airy CDC’s housing counseling through its certified housing counseling Program for low and moderate income buyers and first-time home buyers. The residence was sold to a first-time moderate income homebuyer, a graduate of the Program. |
| FINANCING: | Debt financing using Mt. Airy CDC bank loan Grant – Philadelphia Redevelopment Authority’s (URA) Housing Rehabilitation Program (HRP) |