Mt. Airy Baptist Church, Conifer Realty, LLC and BCM Affordable Housing are pleased to announce the funding award of their joint venture, Golden Age Living Accommodations (GALA), by the Pennsylvania Housing Finance Agency (PHFA). Located on Limekiln Pike and Haines Street in Philadelphia, GALA will feature 46 one, and 4 two-bedroom apartments for seniors 62+ within a newly constructed, four-story, state-of-the-art building. Amenities will include a fitness center, arts and crafts room and an office for Chestnut Hill Hospital, whom will provide health and wellness services to GALA’s residents. Construction is projected to begin later this year with expected completion in early 2020.
Congressman Dwight Evans of Pennsylvania’s 2nd Congressional District stated that “Stable housing is vital to reducing poverty in the city of Philadelphia and affordable housing plays a key role. Each and every resident in our city deserves a place to call home and a sense of pride in his or her home. I’m so pleased that the Pennsylvania Housing Finance Agency (PHFA) is making critical investments in Northwest Philadelphia and is giving necessary funds to support our seniors who are in need. These crucial investments will not only increase home ownership but will allow residents to age in place as they now have the tools and resources they need to make improvements to their homes that enhance both safety and livability.”
Councilwoman Cherelle Parker, District 9, Philadelphia City Council said of GALA, “The community and I wholeheartedly support this project because there is a clear need for more quality, affordable senior housing in the Ninth Council District. This development will feature several amenities, including high-level energy efficiency and access to quality shopping options and public transportation. I look forward to the improvements to the quality of life, aesthetic presentation and economic conditions this project will yield. Additionally, I thank Pastor Brown and his team for their perseverance and tenacity, and applaud all of the partners for their vision and commitment to making this a model for inclusive, responsible development.”
Pastor Willis A. Brown of Mt. Airy Baptist Church shared, “[GALA] became a vision to meet the needs of our aging loved ones. Through prayer and patience, as well as working with membership (church), community organizations, city and state officials, our vision is to become reality. With the city and state approval of our application for financial support the work can begin.”
It is through the commitment and effort of many to bring a project such as this to the starting line. In appreciation of this Mt. Airy Baptist Church, Conifer Realty and BCM Affordable Housing and would like to thank Congressman Dwight Evans, Mayor Jim Kenney, Councilwoman Cherelle Parker, Councilwoman Marian Tasco, Councilman Derek Green, State Representative Isabella Fitzgerald, and State Senator Art Haywood for their support and investment in GALA.
About BCM Affordable Housing
Since its inception in 2007, BCM Affordable Housing, Inc. has pursued inner-city rental and for sale residential development opportunities as well as affordable and market rate. They also provide consult for community development corporations in the Mid-Atlantic Region.
About Conifer Realty
Conifer is a nationally ranked, full-service real estate company specializing in the development, construction, management and ownership of high-quality, affordable housing communities. Since its inception in 1975, Conifer has grown considerably – currently owning and managing over 15,100 multifamily units representing 230+ apartment communities in New York, New Jersey, Pennsylvania, Maryland and Ohio. In addition, the Company consistently maintains a pipeline of over 30 unique projects in various stages of the development process. For more information, please visit www.coniferllc.com, like us on Facebook at www.facebook.com/coniferrealty and follow us on Twitter @ConiferRealty.