Harrisburg – July 14, 2016 – Senator Jay Costa (D-Allegheny) and Rep. Paul Costa (D-Allegheny) today lauded ACTION-Housing’s plans to renovate blighted property in Forest Hills and turn the structure into affordable housing options for seniors and veterans.
ACTION-Housing plans to use Pennsylvania Housing Finance Agency (PHFA) tax credits to renovate property at 1844 Ardmore Boulevard and create 41 housing units, including six which will be fully accessible for seniors and veterans with hearing and vision impairments.
“This project epitomizes what the community of Forest Hills is all about – a focus on revitalization and providing for the needs of our seniors and veterans,” Sen. Costa said. “Through a partnership with PHFA, the Borough of Forest Hills and Veterans Leadership, we’re showing that what was once was old and blighted can be new again and provide for the needs of our most vulnerable citizens.”
“Our Forest Hills community is growing and thriving and partnerships for projects like this one are the key to our success.”
Once complete, the building will offer a full array of supportive services for building residents, provided through the Borough of Forest Hills and the Veterans Leadership Program.
Funding for the project was approved by the Pennsylvania Housing Finance Agency, (PHFA), during their monthly meeting in Harrisburg where more than $40 million in tax credits and nearly $6 million in PennHOMES funding for multifamily housing developments across Pennsylvania was announced.
“This project is will go a long way toward meeting the housing needs of veterans and seniors in our community,” Rep. Costa said. “This community redevelopment project represents the evolution of housing and how old facilities can be adapted for use if innovation and expertise is applied.”