City announces $500,000 in Community Development Block Grants for affordable housing and commercial improvements

Check out the press announcement:

The City of Philadelphia’s Office of Housing and Community Development and the Philadelphia Department of Commerce have announced about $500,000 in support to three mixed-use developments in Mt. Airy, Southwest Philadelphia, and Logan.

These developments, which will receive Community Development Block Grant funds, will create affordable housing and economic opportunities by eliminating blight and strengthening Philadelphia’s neighborhood commercial areas. The selected developments will include a total of 6 affordable housing units, 2 commercial spaces, and 1 façade improvement in a key business corridor.

“These developments will positively impact their communities in multiple ways – revitalize commercial corridors to improve the local economy, offer much-needed affordable housing options, and provide employment opportunities through both business expansion and construction,” said Mayor Michael A. Nutter. “I look forward to seeing these neighborhood improvements.”

Each of the developments was selected through a competitive request for proposal process. All developments include the rehabilitation of mixed-use properties on or adjacent to commercial corridors.

The following developments were selected to receive support:

Developer: Mt. Airy USA
Awarded: $210,000
Project: Two housing units and one commercial unit at 6651-53 Germantown Ave. in Mt. Airy.

Developer: Southwest Philadelphia District Services
Awarded: $190,000
Project: Three housing units and one commercial unit at 5213 Woodland Ave. in Southwest Philadelphia.

Developer: Logan CDC
Awarded: $95,000
Project: Two housing units and the façade improvement of an existing commercial tenant at 5006 Old York Rd. in Logan.

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