Delloso announces $1.25M in tax credits for Collingdale project

Rep. David M. Delloso    August 14, 2020 | 3:21 PM

RIDLEY PARK, Aug. 14 – State Rep. David Delloso announced Friday that a project in Collingdale has been approved to receive a conditional reservation of $1.25 million in tax credits for the improvement and development of a residential building for people 62 or older.

“This project will help in the significant rehabilitation and new construction of a three-story building that will consist of 50 units,” Delloso said. “State backing will help restore and improve St. Joseph Place, providing much-needed housing for seniors.”

The improvements at St. Joseph Place, 500 Woodlawn Ave., Collingdale include the installation of an elevator in the building. Once completed, the building will consist of 50 one-bedroom units.

The Collingdale project was one of several in Delaware County approved this week. Other projects approved include:

• $200,000 for Delaware County Office of Behavioral Health: Funds TAY Bridge program to provide housing to facilitate transition to adulthood for people 18 to 24.
• $200,000 for Domestic Abuse Project of Delaware County: Funds Client Relocation/Assistance Fund to provide survivors of domestic violence security deposits, security features in new residences and replacement of lost or stolen identification.  
• $100,000 for Community Action Agency of Delaware County: Funds Housing Navigator Landlord Engagement to assist families and people experiencing a housing crisis with securing affordable housing.
• $100,000 for Community Action Agency of Delaware County: Funds Rental Assistance Program to help disadvantaged families in crisis. Money for this program is also used to prevent homelessness for residents.
  
  

The projects received approval at a meeting of the Pennsylvania Housing Finance Agency Board, Low Income Housing Tax Credits, and Pennsylvania Housing Affordability and Rehabilitation Enhancement. Money for the projects is provided by the Marcellus Shale impact fees, realty transfer taxes and National Housing Trust Fund.

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