The Pennsylvania Housing Finance Agency (PHFA) has awarded $1,000,000 in Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) funding to HDC MidAtlantic in support of the Chester County Preservation Initiative (CCPI), an $18.6 million preservation of 97 affordable homes in Chester County, Pennsylvania.

CCPI communities include Ash Park Terrace, a 56-unit apartment community serving seniors aged 55 and over and individuals living with disabilities, and Washington House Apartments, a 10-unit apartment community serving seniors aged 55 and over with preference given to those living with handicaps or disabilities in Coatesville, and Hannum Gardens, a 31-unit apartment community serving families in West Chester.

“HDC has found two great partners in Mission First Housing Group and the Housing Authority of Chester County as we work to support Chester County’s most vulnerable populations,” said HDC President and CEO Dana Hanchin. “Mission First is not only an experienced developer who understands the challenges presented in Chester County, but their organization’s mission and values align and support HDC’s as well. We are happy to join them as champions for the greater good.”

Click here for full story.