Philadelphia
Housing Development Corporation, Anthony C. McIntosh, Executive Vice President 1234
Market Street, 17th Floor, Philadelphia, PA 19107. Tel: 215-448-3000 Fax:
215-448-3133
This new construction project consists of
10 three bedroom townhouses, one of which is disabled-accessible. The
unique feature of this development is the inclusion of a “sweat
equity” component. The homebuyers completed a portion of the rehabilitation
which counts towards 5% of the purchase price of the house.
There is off-streetparking in the rear of the project
and fenced backyards.
Units:
10 Type:
New Construction Cost:
$1,442,381 Funders:
OHCD $1,111,411 Private Funds Leveraged:
$330,970 Mellon Bank
Developer:
Synergy LDC a partnership of Housing Association Reinvestment Corp. (HARC)
and PHDC Architect:
Charles Loomis Chariss McAfee Contractor:
Joseph A. Randazzo Inc.
