– HELP USA awarded tax credits to transform unused Reynolds School into 55 apartments and support space for seniors and homeless veterans –
(July 18, 2019) Philadelphia – National housing nonprofit HELP USA, in partnership with the Philadelphia Housing Authority, the Pennsylvania Housing Finance Agency, and the City of Philadelphia announced that it had been awarded funds to renovate an existing building in the Sharswood neighborhood of North Philadelphia to create 55 units of housing for seniors and homeless veterans.
“We are so happy to be building our sixth project in Philadelphia,” said David Cleghorn, Chief Housing Officer at HELP USA. “This building will provide housing and support services to people in need and help transform an abandoned building into an asset for the neighborhood and the city.”
The project, which is slated to begin construction in 2020, will be limited to low-income tenants with 51 one-bedroom apartments and 4 two-bedroom units. The building will be reserved for seniors, veterans and people with disabilities and will feature nine units set aside specifically for formerly homeless or special needs veterans. The building will also house a community room, health-service spaces, and office space for supportive services.
The project will serve as a partner to Philadelphia Housing Authority’s Sharswood Blumberg Neighborhood Revitalization Plan. This ambitious plan is already working to radically transform the neighborhood from high-rise public housing to a more residential scale by renovating senior housing and constructing infill single family townhouses.
“We are proud to support partners like HELP USA as we continue to rebuild a community that had gone neglected for decades,” said PHA President and CEO Kelvin A, Jeremiah. ”As owners of the Reynolds School building, we are pleased to enter into a long-term lease with HELP USA and provide a rental subsidy for almost all of the apartments for the next 20 years. This is an extremely worthwhile investment for us and we applaud HELP USA for serving veterans and others in need.”
The project has received widespread support including endorsements from Governor Tom Wolf, Mayor Jim Kenney, Council President Darrell Clarke, State Senator Sharif Street and former Congressman Bob Brady.
About HELP USA
HELP USA is one of the nation’s largest homeless service providers and low-income housing developers serving at-risk populations including families, veterans, and victims of domestic violence. HELP USA currently serves more than 8,000 people every day at over 50 programs and residences across five states. Since its founding in 1986, HELP USA has served more than 500,000 men, women, and children, and developed in excess of 2,500 units of housing.
About Philadelphia Housing Authority
The Philadelphia Housing Authority is the nation’s 4th largest housing authority, serving nearly 80,000 residents. PHA is also a major real estate developer. Learn more about PHA at www.pha.phila.gov