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Council approves city support for up to $1 million in state local-share funds for College Avenue affordable housing
Summary
Council authorized filing a Commonwealth Finance Authority local-share account application not to exceed $1 million to support HDC Mid Atlantic—s College Avenue multifamily project; developer presented phases, unit counts, costs and timelines and answered questions about resident eligibility.
Lancaster City Council voted Sept. 23 to authorize filing a Commonwealth Finance Authority (CFA) local-share account application for up to $1 million in state gaming funds to support HDC Mid Atlantic—s College Avenue housing project (Resolution 63-2025).
Kim Crowder, senior vice president for real-estate development at HDC Mid Atlantic, briefed council on a three-phase master plan for College Avenue that the presenter said will add about 160 units across three sites and an estimated total investment of roughly $60 million.
Crowder described Phase 1 as a completed building with 64 units (a mix of one- and two-bedrooms), fully leased by June, with rents ranging from $228 to $950 a month depending on unit size and household income. She said resident services are provided on-site roughly 13 hours per week and that the building includes a set-aside for adults with disabilities.
Phase 2 (the Delft wing) was described as 49…
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