HumanGood secures financing for new affordable housing community

March 9, 2021 -- HumanGood in partnership with Inglis Housing Corporation (Inglis) has secured financing for a 44-unit affordable housing community in suburban Philadelphia. The site for the proposed Makemie Court community is adjacent to an existing HumanGood affordable housing community, Grace Court located in Yeadon, Pennsylvania. Makemie Court will consist of 44 units, including 32 units for individuals 55 years of age or older, 8 units for physically disabled individuals of any age, and 4 units reserved for physically disabled individuals 55 years of age or older.

Makemie Court will be co-developed by HumanGood and Inglis, a nonprofit organization and the largest private provider of affordable accessible housing in the Greater Philadelphia region with more than 300 accessible, affordable apartment homes for people with disabilities.

All units at Makemie Court will be one-bedroom. The new four-story, mid-rise building will include an outdoor amenity space including a gazebo, meditation garden and a parking area with 22 spots. A walking path will loop around the site and connect to the adjacent Grace Court. This walking path will create the community feeling of a campus and encourage interaction between residents of the two properties. The first floor of Makemie Court will feature a lobby, community room with bathrooms and a demonstration kitchen, supportive services, delivery space, a laundry room, mailroom, commissary, and a manager’s office. Current plans are to have all units set up with smart home technology. Units will sync with the Amazon Echo family of products to give tenants with physical disabilities the ability to be more independent.

The project is fully funded and expects to close its financing by June 2021. The sources of funding include the competitive low-income housing tax credits from Pennsylvania Housing Finance Agency, HOME funds from Delaware County, Affordable Housing Program funds from the Federal Home Loan Bank of Pittsburgh and operating subsidy from the Chester Housing Authority. Construction is expected to begin this summer.