Church Lane Court
Philadelphia, Pennsylvania

Leasing Information

Description

• 40 rental units in ten 2-story brick buildings
• Affordable for families
• 33.040 square feet
• 2.4 acre site
• Placed in service in 1990

Developer
Pennrose Properties

Architect
GGK & Associates
Philadelphia, PA

General Contractor
Delran Builders Co., Inc.
Wyndmoor, PA

Management
Pennrose Management Company

The Challenge

As a privately held full-service real estate development firm that has been in existence for over 35 years, Pennrose perceives affordable housing as both a social responsibility and a business opportunity. The Church Lane Court development in in the Germantown area of northwest Philadelphia was an economic opportunity that was well aligned with both the needs of community and our corporate philosophy of responsible development of quality affordable housing for concerned residents. Built in the 1950s, the ten two-story brick buildings, had fallen into disrepair. When vacated in the 1980s they were boarded up and became a blight upon the community. Pennrose acquired the property for the purpose of providing urgently needed project-based Section 8 affordable housing.

The Solution

The Pennrose Development team assembled funding through PFHA, the City of Philadelphia and LIHTC equity among other sources. With this they enlisted the architectural firm of GGK & Associates to completely rehabilitate and renovate each of the ten buildings on the 2.4 acre site. All mechanical, electrical, plumbing, and structural systems were evaluated and remediated. Each of the one-two- and three-bedroom units was refurbished to create safe, desirable, affordable rental homes for families. Tucked within a very urban neighborhood, Church Lane Court ‘s crisp clean landscaping provides refreshing grassy yards in which children may play and families may gather. Removing the blight that it once was, has had a positive impact upon the neighborhood as a whole.

Church Lane Court underscores the Pennrose Development Team’s expertise with the proficient production of affordable homes that support families with housing opportunities. It is a reflection of our strong commitment to property rehabilitation that is both appropriate and aligned with the needs of the community. Completed in 1990, Church Lane Court is owned, managed, and maintained by Pennrose.

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