Fitzgerald announces up to $2.1 million in funding for local housing
PHILADELPHIA, April 19 – State Rep. Isabella Fitzgerald, D-Phila., has announced the approval of up to $2.1 million in state financing for two local housing initiatives.
"I'm pleased the Pennsylvania Housing Finance Authority has approved financing for more affordable housing in Northwest Philadelphia. This will help to meet an important need in our communities," Fitzgerald said.
Most of the funding – up to $1.7 million – was approved for the planned Golden Age Living Accommodations building, to be built at 2030 E. Haines St. The four-story building for people 62 or older will have 50 units, including seven accessible units, and two elevators. Plans call for 46 one-bedroom units and four two-bedroom units.
GALA has been approved for up to $1.2 million in Low Income Housing Tax Credits and $500,000 in funding from the realty transfer tax.
Fitzgerald said Rebuilding Together Philadelphia has been awarded $400,000 in realty transfer tax funding for its Safe and Healthy Homes Northwest Philadelphia program. The funding will be used in northwest Philadelphia to make safety renovations to the homes of middle-income homeowners 55 or older who have significant barriers to maintaining the overall safety of their homes. These much-needed home improvements will allow residents to age in place and improve the overall safety and livability of their homes. This is an issue Fitzgerald and state Sen. Art Haywood, D-Phila./Montgomery, have been working on together.
"It's wonderful that this will help more people to stay in their homes safely instead of having to go to a retirement home," Fitzgerald said.