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SELLERSVILLEÂ â It will be about a year before anyone can move into the yet-to-be-built Sellersville Senior Apartments, but there s already a list of people interested in moving into the three-story, 50-unit affordable rental building for persons 55 and older.lle There ll be more applicants than there are apartments because there s a great need for affordable housing, Dan McKee, president and CEO of Grace Inspired Ministries, said following a ceremonial groundbreaking June 22. Grace Inspired Ministries was formed in 2017 through the affiliation of the Lutheran Community at Telford and The Community at Rockhill. Sellersville Senior Apartments, which is being done with development partner LNWA (Leon N. Weiner Associates), will be a separate residential living campus under the Grace Inspired Ministries umbrella, McKee said. ....
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Grace Inspired Ministries Announces Groundbreaking Plans for Affordable Housing Aimed at Seniors Sellersville Senior Apartments will bring much needed affordable and supportive housing to the area. News provided by Share this article Share this article TELFORD, Pa., April 21, 2021 /PRNewswire/ Grace Inspired Ministries (GIM), along with development partner LNWA (Leon N. Weiner Associates, Inc.), announce plans for the formal groundbreaking this spring for Sellersville Senior Apartments. This new venture is an affordable rental community, comprised of 50 apartments, eight of which will be dedicated as supportive housing. The Residences will be built to the highest energy efficiency standards utilizing the Department of Energy Zero Energy Ready program. ....
Tampa-based Southport Financial Services expects to buy the unused parking structure at the edge of Springfield at the end of May for site redevelopment into Parkview Commons. Southport Financial Senior Vice President Michael Molinari said March 11 that construction of the 122-unit affordable rental community should start by the end of 2021 for completion in a year. The almost 1.5-acre site is at 901 N. Main St., bordered by Main, State, Ocean and Orange streets, in the Springfield area north of Downtown Jacksonville. He said Southport will “bring much needed affordable housing to the historically underserved Springfield neighborhood.” Molinari said the almost $30 million development will have ground-floor parking topped by a four-story building that will have a leasing center, library, gym, community space and more amenities. ....
The Fayetteville Observer After being named one of the top 7 cities in the nation to have a rent increase, Fayetteville rents slightly decreased in January, data from Apartment List shows. At the end of January, Fayetteville’s median rent was $820 for a one-bedroom and $978 for a two-bedroom, the Apartment List report states. That’s about a .2% decrease from the previous month’s data, but a 10.1% increase compared to last year. Apartment List uses median rent statistics for recent movers taken from the Census Bureau American Community Survey. “Throughout the past year, rent increases have been occurring not just in the city of Fayetteville, but across the entire state,” said Chris Salviati, a housing economist for Apartment List. ....