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Ferguson supervisors pledge support as county land trust seeks to preserve 49 Sylvan View affordable units
Summary
County housing officials asked Ferguson Township for help covering soft costs to preserve 49 formerly LIHTC rental homes in Sylvan View Estates. The board directed the manager to send a letter committing support in principle, without earmarking funds, while asking for further details and intermunicipal coordination.
Representatives of the Center County Housing and Land Trust and a College Township official told Ferguson Township’s board that a buyer is interested in preserving 49 rental units at Sylvan View Estates after the development’s 30‑year low‑income housing tax credit affordability period ended.
The land trust asked municipalities for contributions to cover ‘‘soft costs’’—appraisals, legal fees and application preparation—so a buyer could assemble a Pennsylvania Housing…
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