Habitat for Humanity Philadelphia

PHILADELPHIA HABITAT is using NMTC financing to construct the Oxford Commons Phase I and 40th Street row home projects.

Investment

  • NMTC Amount: $1,886,027
  • Total Project Cost: $5,893,301

IMPACT

  • 26 construction jobs
  • 22 new homes

Investor

Voices from the Community

NMTC are a tool that Habitat affiliates can use for creation of affordable housing. Currently Habitat Phila. is utilizing NMTC to provide funding for the construction of a 21-unit new, green homeownership development for households making between 30-60% AMI.

-Carrie Rathmann, Habitat for Humanity Philadelphia, Philadelphia, PA

Project Description

PHILADELPHIA HABITAT is using an $1.85M loan to construct the Oxford Commons Phase I and 40th Street row home projects. Both projects are being developed on vacant land acquired through the Philadelphia Land Bank. This phase of Oxford Commons is comprised of 10 green new homes that will be the first phase of an overall 22-unit development built by the affiliate. The 40th Street Rowhomes project is comprised of 4 newly constructed, green homes built on vacant lots in West Philadelphia. Both projects will be designed in context to the existing surrounds and urban fabric.

MAP

Address: 1535 North 33rd Street A, Philadelphia, PA 19121

Census Tract: 42101013701

Other Pennsylvania Projects

The Connell Building, originally built in 1894, stood vacant for nearly a decade.
New construction of a 40,000 sq. ft. 1-story advanced warehouse facility with a 3-story 30,000 sq. ft. of office space for an office and biomedical supply company.
Pittsburgh's Women's Center and Shelter's expansion to 48 beds from the existing 36, enhance living spaces, administrative areas and therapy resources, while enlarging the facility's children's areas and creating shelter
PHILADELPHIA HABITAT is using NMTC financing to construct the Oxford Commons Phase I and 40th Street row home projects.