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News Updates: (show all)
Construction at MPB School Nears Completion
1260 honored with PACDC 2013 Blue Ribbon Award for Excellence in Community Development
MPB School Preservation Underway
Read About Us in American Builders Quarterly
MPB School Preservation Project Receives LIHTC Allocation
Temple II North Gratz Street Awarded LEED Platinum Certification
Construction Set to Begin at 56th & Walnut
1260 Celebrates Temple I - North 16th Street: LEED Certification & Ribbon-Cutting
Temple I - North 16th Street Project Nears Completion
Construction at MPB School Nears Completion Wednesday, May 01, 2013 The historic rehabilitation of the MPB School is expected to wrap up later this summer.    Labels: energy efficiency, Enterprise Green Communities, historic, LIHTC, MPB School Apartments, preservation, rehabilitation Comments: 0 1260 honored with PACDC 2013 Blue Ribbon Award for Excellence in Community Development Saturday, April 20, 2013 On April 19, 1260 Housing Development Corporation was awarded PACDC’s 2013 Blue Ribbon Award for Excellence in Community Development for two recent affordable housing developments: Temple I and Temple II in North Philadelphia and Walnut Hill West in West Philadelphia. Near Temple University, 98 affordable rental apartments in 50 historic townhomes give the disabled and vulnerable individuals healthy and affordable homes. And at 56th and Walnut, 32 renovated apartments with energy-efficient appliances are home to veterans and others in six buildings. Nicetown CDC also won a Blue Ribbon Award for Nicetown Court I and II, both mixed-used developments. Individuals who were recognized include Angel Palmer, Manager of Emergency Food Programs at M.A.P. Holistic CDC who received the Community Leader Award for outstanding volunteers; and Alex Balloon, Commercial Corridor Manager for Tacony CDC, and Rebecca Johnson, Executive Director of Fairmount CDC. Both received PACDC’s Rising Star award for individuals under 40. Labels: historic, North Gratz Street, North Philadelphia, Philadelphia, preservation, rehabilitation, Temple I, Temple II, Walnut Hill West MPB School Preservation Underway Monday, January 07, 2013 This historic parish school in North Philadelphia and the 28 affordable apartments inside are being restored and preserved, thanks to an allocation of low income housing tax credit from the Pennsylvania Housing Finance Agency.  The MPB School is listed on the National Register for Historic Places and has unusual and attractive architectural features. In the photos below, you can see the restoration of the historic bell tower, as well as the wide hallways that give this building its character. The school building was converted to affordable housing in 1993.
  Market studies show that residents of this neighborhood are particularly dependent on subsidized or below-market rentals. Due to recent growth in North Philadelphia, particularly around Temple University, an increase in rents and real estate values spurred by increasing demand for student housing has contributed to a disturbing 14% loss of North Philadelphia’s subsidized units over the past five years, making the preservation of these affordable rental units even more important to the community. The equity generated by the tax credits will fund a major rehabilitation of the project, keeping the project affordable to residents with incomes at or below 20-60% of Area Median Income. The area surrounding the development is the focus of numerous community-planning and redevelopment efforts, and this project contributes to a tangible sense of community revitalization. Labels: energy efficiency, Enterprise Green Communities, historic, MPB School Apartments, North Philadelphia, preservation, rehabilitation Read About Us in American Builders Quarterly Wednesday, August 01, 2012 A quick read, and an excellent snapshot of what we do and why it’s important. Read the full article... Labels: energy efficiency, historic, LEED, preservation, rehabilitation, Temple I, Temple II MPB School Preservation Project Receives LIHTC Allocation Saturday, April 14, 2012
 The equity generated from the credits will provide $8.3 Million to support the substantial rehabilitation of this historic parochial school building and provide much-needed affordable housing for working class families in this neighborhood. This historic building once housed the parochial school for the adjacent Most Precious Blood (MPB) Roman Catholic Church. The MPB School was renovated 20 years ago as a low income housing tax credit project. 1260 took it over in 2008 with the intent of preserving this affordable housing for low income families in this improving area of the city. It is anticipated that construction will be completed in late 2013. The rehabilitation work is designed to meet Enterprise Green Communities Criteria. Labels: Enterprise Green Communities, historic, LIHTC, North Philadelphia Temple II North Gratz Street Awarded LEED Platinum Certification Thursday, November 03, 2011 Temple II North Gratz Street has been certified LEED® for Homes™ Platinum! This historic rehabilitation of 29 brownstone buildings on the 1500 block of North Gratz Street has preserved 40 units of affordable family housing in the vicinity of Temple University in North Philadelphia and is the largest gut rehabilitation project certified under the LEED for Homes program at the Platinum level in the United States.  A celebration was held on November 3 to celebrate the revitalization of this block. We were honored to have many of our funders, board members, and community leaders, and tenants present. Highlights of the day included words of appreciation from resident Monique Bagley, followed by a ribbon cutting ceremony, as well as a few selections by the Society Church Choir & the R.M Warren Silent Choir, both from the Society for Helping Church (Deaf & Hearing).   The LEED Platinum certification and Enterprise Green Communities award underline 1260's committment to making green and affordable housing one and the same. Not only is it better for the health of our residents, but it directly impacts the stability and sustainability of the entire neighborhood.  The rehabilitation and restoration of historic housing stock preserves the integrity of the neighborhood and contributes to the revitalization of the community.  Labels: historic, LEED, LIHTC, North Gratz Street, North Philadelphia, preservation, rehabilitation, ribbon-cutting, Temple II Construction Set to Begin at 56th & Walnut Thursday, July 28, 2011
 Earlier this month, 1260 was awarded an allocation of Pennsylvania Low Income Housing Tax Credits for the preservation of these 32 units of affordable housing at 56th and Walnut Streets in West Philadelphia.
With the tax credit equity, 1260 will substantially rehabilitate the property and add a common room, laundry facility, management office and additional handicap accessible units, which will produce attractive, safe affordable housing in this up-and-coming neighborhood. Construction should begin in December with completion expected by late winter 2013. Labels: historic, LIHTC, preservation, rehabilitation, Walnut Hill West, West Philadelphia 1260 Celebrates Temple I - North 16th Street: LEED Certification & Ribbon-Cutting Tuesday, June 14, 2011
 The Temple I project not only preserves 58 units of affordable housing for families living in the community, it also marks the largest affordable gut rehab project in the country to receive LEED for Homes Gold certification. The project features Forest Stewardship Council-certified lumber, non-toxic finishes, high-efficiency plumbing, white roofs, and drought-tolerant landscaping. Here are some of the day’s highlights in photos:
Labels: historic, HUD 811, LEED, LIHTC, North Philadelphia, preservation, rehabilitation, ribbon-cutting, Temple I Temple I - North 16th Street Project Nears Completion Monday, November 01, 2010 1260's Temple I project is nearing completion, and many residents will be settled back into their homes before the holidays! In fact, 15 of the units will be ready for occupancy just after Thanksgiving, with the balance of the units expected to be ready for leasing during the months of December and January.   Residents returning to their units will enjoy the gorgeous new hardwood floors, updated kitchens, additional windows to increase day-lighting, as well as a number of energy-efficient improvements such as extra insulation, low-flow plumbing fixtures, Energy-Star Low E argon filled replacement windows, and a white roof system to reduce heat island effect. Designed to qualify for LEED® certification, the historic rehabilitation of these 22 town homes will preserve a total of 58 units of affordable family housing in North Philadelphia. Just around the corner from these units, construction will soon be underway at 1260's Temple II project, which will preserve another 40 units of affordable family housing on the 1500 block of North Gratz Street. Labels: historic, LEED, preservation, rehabilitation, Temple I |
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