Cedar Woods - Delaware Valley Development Company

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