PA Red Clay Manor
Development Details
PennsylvaniaRed Clay Manor
600 E. Cope St. Kennett Square, PA 19348
60 Units
Senior Housing
Placed in Service: 2022
Located on the eastern edge of the Borough of Kennett Square in southern Chester County, Red Clay Manor provides a veritable haven for its senior residents. Situated within a half mile of many amenities, residents have access to the Kennett Area Senior Center, the Kennett Area YMCA, the Spanish Community Center, Anson B. Nixon Park, and the Bayard Taylor Memorial Library. Moreover, affordable housing in this area is in significant demand. Kennett Square has recently seen significant growth, though much of the development has been luxury apartments, pricing out many of the community’s seniors and making it impossible for them to age in place. With a mix of both one- and two-bedroom units throughout a single building designed to fit the aesthetic of the community, each apartment at Red Clay Manor is spaciously designed and energy efficient. Red Clay Manor contains laundry facilities on each floor, an on-site management office, and an expansive community room with a kitchenette, library, computer lab, and private offices for the provision of supportive services, making the building ideally designed to address the specific needs of its population.
Source of Funds:
- Low Income Housing Tax Credit (LIHTC) Equity
- Chester County HOME Funds
- Pennsylvania Housing Finance Agency (PHFA) PHARE RTT Funds
- Chester County Health Choices Funds
- PHFA Taxable Bond
- Conventional Construction Loan
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