Parade Street housing facilities hosting ribbon cutting
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Parade Street housing facilities hosting ribbon cutting


BE SENTENCED ON DECEMBER 19TH. A RIBBON CUTTING CEREMONY IS BEING HELD AT THE PARADE STREET HOUSING FACILITIES AT 20TH AND PARADE… A LOW INCOME HOUSING TAX CREDIT DEVELOPMENT. SYEDA ABBAS JOINS US LIVE FROM THE EVENT. SYEDA? THIS IS BRAND NEW AFFORDABLE HOUSING. IT SMELLS LIKE FRESH PAINT INSIDE THESE UNITS. A TOTAL OF 40 UNITS. THIS HOUSING IS AFFORDABLE FOR PEOPLE THAT ARE 60, 50, 20 PERCENT OF MEDIAN INCOME. FINANCED THROUGH PA HOUSING FINANCE AGENCY CITIZENS BANK AND CREA EQUITY. THE RENT RANGES FROM $230 850 DOLLARS WITH UTILITIES INCLUDED. OVER HALF THE UNITS ARE ALREADY OCCUPIED. ORGANIZERS TOLD ME THERE ARE MORE APPLICATION THAN UNITS LEFT. ” ” project. which means, for individuals low to median income, 20, 40 and 60 percent of erie median income. so you’re getting some of the best construction type income for some of the individuals that are sometimes underserved.” 2014 WAS THE FIRST TIME THAT GMA DEVELOPMENT GROUP APPLIED FOR THIS TAX CREDIT. IT WASNT UNTIL 2016 THEY GOT APPROVED TODAY THEY MADE SURE THEY THANKED FUNDERS JILL? THE FUTURE OF A COMMUNITY COLLEGE IN ERIE FACING A BIG HURDLE IN HARRISBURG TODAY. ERIE COUNTY EXECUTIVE KATHY

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