Real Estate Portfolio > Affordable Housing Developments > Cedar Woods
Cedar Woods
700 Cedar Woods Circle, Kennett Square, PA 19348
76 Units
General Occupancy
Sources of Funds
- PHFA Taxable Bond Loan
- Chester County HOME
- Chester County HTP
- PHFA Penn HOMES loan
- Low Income Housing Tax Credit equity
Project Description
Cedar Woods is a newly constructed 76-unit community for general occupancy. It was started in spring of 2002 and completed in spring of 2003, several months ahead of schedule. Project funding sources included a PHFA Taxable Bond Loan, HOME and HTP funding from Chester County, PHFA Penn HOMES loan and Low Income Housing Tax Credit equity. The project was completed utilizing less than $40,000 of its contingency.
Project Status: Completed 2003