Paseo Verde is a $48.2 million mixed-use, transit-oriented, green development in Philadelphia’s Ludlow community – a low-income, distressed neighborhood currently undergoing a revitalization drive fueled by strong public and private collaboration. The multi-building development features 120 units of affordable and workforce housing. Fifty-three units are affordable to families with household incomes between 20% and 60% […]
In Philadelphia, the NMTC transformed a former textile mill and warehouse into apartments for teachers and non-profit office space designed for education related firms.
The $64 million Halsey Street Workforce Housing project was the second phase of a larger Teachers Village development designed to revitalize downtown Newark, one of the country’s most economically depressed cities. This phase of development contains three buildings with 123 residential units, all affordable to families earning less than 80% of the area median income, […]
Halsey Street Teachers Village Workforce Housing Project B, the last phase of larger development known as Teachers Village in downtown Newark, New Jersey. This phase has 81 residential units, are marketed to teachers and other working families in an effort to bring them back to downtown Newark. The development also has 10,000 square feet of […]
Each year, the city of Baltimore hires as many as 1,000 new teachers. Having capable and dedicated teachers to serve as educators, role models, and leaders is critical to the success of students. Finding affordable housing for these teachers is an increasing challenge in Baltimore.In 2007, Enterprise Community Investment, US Bank, SunTrust, and Teach for […]