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Grace Inspired Ministries Plans for Sellersville Affordable Senior Apartments in Telford, Pennsylvania

TELFORD, Pa. — Grace Inspired Ministries (GIM), along with development partner Leon N. Weiner Associates Inc. (LNWA), has unveiled plans for Sellersville Senior Apartments, an affordable housing community in Telford, approximately 30 miles north of Philadelphia.

The community will feature 50 apartments, eight of which will be dedicated as supportive housing.

“Sellersville Senior Apartments will bring much needed affordable and supportive housing to an area with a growing cost of living and a very limited supply of high-quality, cost-effective, rental housing for seniors,” says Dan McKee, president and CEO of Grace Inspired Ministries.

LNWA and GIM were awarded Low-Income Housing Tax Credits (LIHTC) by the Pennsylvania Housing Finance Agency (PHFA) and have also closed on financing with partners S&T Bank, the County of Bucks, the Redevelopment Authority for the County of Bucks, and the Federal Home Loan Bank of Pittsburgh.

In addition, the Bucks County Housing Authority and the Bucks County Office of Housing and Community Development will team with a local foundation to coordinate supportive services.

McKee sees this project as an extension of GIM’s two life plan communities, the Lutheran Community at Telford and The Community at Rockhill.

The post Grace Inspired Ministries Plans for Sellersville Affordable Senior Apartments in Telford, Pennsylvania appeared first on Seniors Housing Business.

Source: Senior Housing Business

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