The Pennsylvania Housing Finance Agency (PHFA) awarded $1,238,235 in Low Income Housing Tax Credits for Beach Run Apartments in Fredericksburg, Pa. The new 51-apartment affordable community will be developed and managed by HDC MidAtlantic.
“A safe, affordable place to call home is the cornerstone of household stability and growth,” said HDC MidAtlantic President & CEO Dana Hanchin. “These new homes will add to the much-needed supply of workforce housing for major employers in the area including Bell & Evans, Sherwin-Williams and Ace.”
Beach Run Apartments will be located along North Center Street in Fredericksburg, Lebanon County, and provided high-quality workforce housing for residents in the area. The new community will feature 51 attractive, modern apartments including 1-, 2- and 3-bedroom floorplans. Six of those apartments will comply with Americans with Disabilities Act design standards.
Beach Run Apartments will target households earning between $10,040 and $66,480 annually. Rents will range from $208 and $1,066 per month based on income. The community will include professional on-site management, on-call maintenance, resident services, a community room, playground, walking trail and on-site parking for residents.
Local partners include Arthur Funk & Sons, Steckbeck Engineering & Surveying, Inc., and Architectural Concepts. The total cost of development is $14,675,030. Other committed sources of funding include Lebanon County and PENN Homes. Construction is slated to kick off in the summer of 2020.
“Families in need of affordable housing live everywhere. Not only in large cities, but in small towns and in our own communities” said Arthur Funk & Sons, Inc., President Bob Funk. “We are proud to be a part of the HDC MidAtlantic team providing an affordable place to live that helps families to begin on a path of new opportunity, and increased confidence and self-reliance. ‘We Build’ means more than just construction. At Arthur Funk & Sons, we build community.”
Individuals interested in renting an apartment at Beach Run Apartments should contact HDC MidAtlantic Leasing Specialist Donna Overly at 717-291-1911 x8054 or info@hdcweb.com to have their names placed on an “interest list” to receive an application.
Finding a place to live that meets one’s basic needs and budget can feel like a never-ending challenge. The complexity of lower-income families and individuals extend far beyond simply finding a safe, affordable, and welcoming place to call home. At HDC, we are committed to being an ally in speaking to issues, programs, and policies that improve quality of life of our residents. Issues that we know are important to our residents include:
Every voice matters. At HDC, we are committed to raising up resident voices and opening doors so that residents can actively participate in the democratic process, speak out on issues important to them and their communities, and communicate how policies affect their everyday lives. We believe it is important to make the time and space to listen, and to support resident leaders in effectively using their voices. We support resident advocacy opportunities through our Resident Academy of Leadership & Inspiration, Voter Registration Drives, and holding constituent meetings and tours with elected officials.
We know we can’t solve the affordable housing challenge alone. We need champions to help change the conversation around what home means and why it matters. We are committed to educating elected officials to understand the needs and challenges of their constituents. We are here to provide solutions that work and offer affordable housing expertise that demonstrates the impact policy decisions have on lower-income families, seniors and those with disabilities. We work closely with and participate in alliances and coalitions to educate and advance shared policy priorities. Our advocacy partners include:
Wendy Smith serves as the Vice President of Property Management, responsible for the overall strategic direction for HDC’s management portfolio and the organization’s largest staff team. Previously, Wendy served as Asset and Operations Manager for a leading real estate firm based in New York City which owned over 11,000 affordable homes. Since 2008, Wendy has held roles in regional level operations for commercial and for-profit housing agencies. Wendy holds a degree in International Studies.
Allentown, PA
Fredericksburg, PA
Lancaster, PA
