Friday, December 12, 2014

Chesco housing complex to get renovation


Housing complex to get renovation

OXFORD An affordable housing complex in Oxford will receive a $6.7 million renovation using a state tax credit approved last week, according to State Rep. John Lawrence (R., Chester), whose district includes the borough.

The 16-building complex, Whitehall Acres, was built in 1972 and has 64 apartments.

"There is a significant shortage of affordable housing for low-income families in Southern Chester County, and Whitehall Acres has not seen significant updates since its original construction," Lawrence said in a statement.

The property, recently bought by Conifer Realty L.L.C., will be completely renovated at a cost of about $9 million, according to Lawrence. The tax credit was approved by the Pennsylvania Housing Finance Authority.

"The PHFA credits were in high demand with very limited availability, and I am pleased to see a good part of this funding come to our community," Lawrence said in the statement.

- Tricia L. Nadolny

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