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News Notices & Publications: State funding to make affordable senior housing a reality in Flemington

Title

State funding to make affordable senior housing a reality in Flemington

Announcement Type

News

Date Published

4/16/2018

Regional Spotlight

Yes

Short Description

 

Body

Clinton County senior citizens will have more affordable housing options in Flemington Borough, thanks to Pennsylvania Housing Finance Agency funds awarded to the project developer, SEDA-COG Housing Development Corporation.

 

Susquehannock Heights, a 32-unit senior housing complex to be located at 813 Linden St., will be built using over $800,000 in low-income housing tax credits and over $200,000 in PennHOMES funding. It will feature community, craft, and exercise rooms, a library, central laundry, computer café, and outside sitting areas.

 

The monthly rent will be $550 for a one-bedroom apartment and $660 for a two-bedroom apartment for senior citizens ages 62 and older. This includes all utilities except telephone and TV.

 

For applicants not able to afford the rent, the Clinton County Housing Authority will set aside $530,000 to create an internal rent subsidy fund used exclusively for Susquehannock Heights residents.

 

The complex offers affordable housing to seniors so they can safely downsize, while generating tax revenue.

 

State Rep. Michael K. Hanna (D-Clinton/Centre), state Sen. Joe Scarnati (R-Jefferson), and U.S. Rep. Glenn “GT” Thompson (R-Howard) supported the project.

 

The Clinton County commissioners are contributing $182,859 in Community Development Block Grant funds and $17,141 in Act 137 funds. The Clinton County Housing Authority is contributing over $120,000, plus the $530,000 rental subsidy fund. Jersey Shore State Bank and Woodlands Bank have tentatively committed over $7,500,000.

 

“This achievement was made possible by the county commissioners working with the state and local agencies to bring this much-needed senior citizen housing project to Clinton County,” said Clinton County Commissioner Jeffrey Snyder.

 

“The Clinton County Housing Authority has always been a champion for the development of more affordable housing in Clinton County. We are excited to be part of the Susquehannock Heights development, and look forward to assisting seniors, one of our county’s most vital but vulnerable populations,” said Jeff Rich, executive director of the Clinton County Housing Authority.

 

The Clinton County Housing Authority will provide day-to-day management at Susquehannock Heights, and the SEDA-COG HDC will maintain oversight responsibilities.

 

A study showed the need for additional elderly housing in the county, led by the Clinton County commissioners, the Lycoming-Clinton Counties Commission for Community Action (STEP Inc.), Clinton County Housing Authority, and Clinton County Planning Department. It showed a need for rental assistance to make Susquehannock Heights feasible for residents.

 

Mike Fisher, chief of the SEDA-COG Housing programs, thanked everyone involved. “This partnership effort enhances our communities’ offerings for its residents. The partnership with the county and the housing authority has made this project feasible with its innovative rental assistance, which is one-of-a-kind in Pennsylvania,” Fisher said.

 

Pennsylvania Housing Finance Agency Executive Director and CEO Brian A. Hudson Sr. said in Gov. Tom Wolf’s press release, “We’re grateful that Congress retained the Low-income Housing Tax Credit program, and provided a slight increase, in last year’s tax reform bill. When you look at how well these tax credits leverage our public-private partnerships for building affordable housing, the value of this program is unmistakably clear.”

 

The SEDA-COG HDC’s other nine senior housing complexes are in Danville, Lewistown, Montoursville, lower Northumberland County, Selinsgrove, and Williamsport. 

Expires on Website

4/16/2022

Keywords

SEDA-COG SEDA-Council of Governments Clinton County Commissioners Housing Authority Susquehannock Heights Flemington Lock Haven affordable housing senior citizen

Attachments

Created at 4/16/2018 4:08 PM by Liz Regan
Last modified at 4/16/2018 4:08 PM by Liz Regan