New senior affordable housing arrives in Strawberry Mansion
“Between the lines: The PHA provided two vacant lots and a $6.5 million loan to cover construction costs for the project.
The agency also entered into a Housing Assistance Payment contract to provide $18.7 million in subsidies over 20 years.
What they’re saying: ‘When we come into these communities, we make a commitment to the existing people that we’re going to do something for them,’ Ernst Valery, the president of a SAA|EVI, told Axios.”