Recent Acquisitions
Greene Manor Apartments consists of 381 apartments in the Mount Airy neighborhood of Philadelphia.
A key strategy to expand the supply of affordable housing involves the strategic acquisition of existing multifamily housing developments, including properties which require rehab. Compared to new construction, which is costly and involves a lengthy development process, acquisitions allow PHA to bring new housing online relatively quickly and at a significantly lower cost per-unit. PHA’s recently acquired properties expand the range of housing types and neighborhoods that are now accessible to PHA-assisted households.
The Dane Apartments is a high-rise complex in the Wynnefield neighborhood with 231 apartments.
The Legacy at Powelton Village consists of 40 apartments near Drexel University.
Brith Sholom House offers 360 apartments in the Wynnefield Heights neighborhood that will be fully renovated.