West Philly project gets $8M affordable-housing loan
by Mission First Housingby Ayana Jones, Philadelphia Tribune
Citizens Bank is providing an $8 million construction loan to Mission First Housing Group, Inc. to develop the Haddington III project, which will rehabilitate 48 affordable-housing units in West Philadelphia.
Mission First Housing Group is a family of nonprofit corporation that currently provides affordable housing and services to more than 4,000 people in over 3,000 units. It serves vulnerable populations that include families, veterans, elderly and the disabled.
Haddington III represents a collaboration between Mission First and ACHIEVEability, a nonprofit, housing provider for homeless families in Philadelphia. The organizations entered into an alliance in 2015.
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