HDC MidAtlantic President and CEO Michael R. Carper invites elected officials, neighbors and the community to join HDC MidAtlantic for a ribbon cutting ceremony for River Run Meadows Apartments in Birdsboro, Pa. on Tuesday, February 13 at 10:30 am.
The new community is centrally located between the City of Reading and Birdsboro on a wooded plot encompassing approximately 50 acres, just off PA Route 724. As part of the transaction, HDC MidAtlantic annexed a portion of the site to Natural Lands Trust, a non-profit land conservation organization dedicated to protecting the forests, fields, streams, and wetlands in eastern Pennsylvania.
River Run Meadows development includes six residential buildings consisting of one – and two – bedroom walk-up apartments, as well as two-story two and three-bedroom townhomes. Rents range from $195-950 per month.
In keeping with the goals and objectives of the Low Income Housing Tax Credit Program, all of the units are affordable to households earning less than 60% of the Area Median Income (“AMI”) and over half of the development is set aside for individuals and families earning less than 50% of AMI. To increase the availability of quality, affordable housing for individuals and families living with disabilities, 10% of the apartments were designed to be fully accessible and meet current ADA standards. In addition, two non-ADA units include features for hearing and/or visually impaired households.
River Run Meadows Apartments was constructed to meet Enterprise Green Communities® standards, which includes water and energy saving devices throughout the property that will offset utility costs for the property and saving residents money.
The new development includes on-site laundry facilities, a community gathering space and a multipurpose athletic court for resident use. The complex is adjacent to the Schuykill River Trail, giving residents close access to areas for jogging, walking and biking.
In July 2016, River Run Meadows Apartments was awarded $1,132,144 in Low Income Housing Tax Credits from the Pennsylvania Housing Finance Agency (PHFA). HDC MidAtlantic acquired the construction site in December 2015. The total cost of development is $14.1 million.
Development partners include Architectural Concepts, BB&T, Benchmark Construction, CREA, Community Lenders, High Swartz, PHFA, Nikolaus & Hohenadel and Schlouch, Inc.
For more information, please contact Hope Frick, Marketing Specialist, at 717-291-1911 x8020 or hfrick@hdcweb.com.
Every voice matters. At HDC, we are committed to raising up resident voices and opening doors so that residents can actively participate in the democratic process, speak out on issues important to them and their communities, and communicate how policies affect their everyday lives. We believe it is important to make the time and space to listen, and to support resident leaders in effectively using their voices. We support resident advocacy opportunities through our Resident Academy of Leadership & Inspiration, Voter Registration Drives, and holding constituent meetings and tours with elected officials.
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Finding a place to live that meets one’s basic needs and budget can feel like a never-ending challenge. The complexity of lower-income families and individuals extend far beyond simply finding a safe, affordable, and welcoming place to call home. At HDC, we are committed to being an ally in speaking to issues, programs, and policies that improve quality of life of our residents. Issues that we know are important to our residents include:
We know we can’t solve the affordable housing challenge alone. We need champions to help change the conversation around what home means and why it matters. We are committed to educating elected officials to understand the needs and challenges of their constituents. We are here to provide solutions that work and offer affordable housing expertise that demonstrates the impact policy decisions have on lower-income families, seniors and those with disabilities. We work closely with and participate in alliances and coalitions to educate and advance shared policy priorities. Our advocacy partners include:
Wendy Smith serves as the Vice President of Property Management, responsible for the overall strategic direction for HDC’s management portfolio and the organization’s largest staff team. Previously, Wendy served as Asset and Operations Manager for a leading real estate firm based in New York City which owned over 11,000 affordable homes. Since 2008, Wendy has held roles in regional level operations for commercial and for-profit housing agencies. Wendy holds a degree in International Studies.
