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PHILADELPHIA-The Federal Home Loan Bank of Pittsburgh, through its private cooperative, is providing $3 million in grants for the development of affordable housing units in Philadelphia, Chester, PA and Lindenwold, NJ. The housing will be for low-income, elderly and special-needs residents.

The local banks which will distribute the funds are Citizens Bank of Pennsylvania, Commerce Bank, Firstrust Bank, PNC Bank and Sovereign Bank. The FHLB has released $29.8 million to date in the metro Philadelphia market, according to the bank’s prepared statement. The largest of the new grants, $1.35 million, is going to the 92-unit Harvest Senior Housing Apartment building in Lindenwold. The property is on the Abundant Harvest Ministries campus and service low-income seniors.

Other grants are going to the Chester Redevelopment Authority, $450,000 for 30 semi-detached single-family homes for moderate-income, first-time buyers in the Wellington Heights neighborhood in Chester; $369,722 for 24 apartments serving homeless adult men and veterans at St. Elizabeth’s Recovery Residence in North Central Philadelphia, sponsored by Project H.O.M.E.; $350,000 to renovate 10 rental units in adjoining three-story houses at Gaudenzia New Hope on West Togate Street in Philadelphia, sponsored by Gaudenzia Foundation and Sherick Project Management.

Also: $260,000 for 48 rental units in West Powelton Village to be built on vacant land along Warren Street, serving homeless and non-homeless individuals with serious mental illness and physical disabilities, and 12 units for very-low-income residents, sponsored by 1260 Housing Development Corp. through Firstrust Bank; $150,000 to rehabilitate 11 vacant properties in North Philadelphia into 10 new homes for very-low-to moderate-income first-time buyers as part of Allegheny West Foundation’s Forgotten Blocks redevelopment plan; $105,000 for Mantua 1 Supported Independent Living for 10 one-bedroom rental units for very-low-income individuals including the physically handicapped and the homeless, sponsored by 1260 Housing Development Corp.; and $70,000 for six rental units and supportive services for teen mothers and their children at Bernice Elza Homes at 38th and Brandywine Streets in Philadelphia, sponsored by PEC Community Development Corp.

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