PHFA Awards Tax Credits for New Brighton Housing Rehab Project

The Pennsylvania Housing Finance Agency (PHFA) today (May 14) award awarded $1.13 million in Low Income Housing Tax Credits for a major housing rehabilitation project in New Brighton, according to Senator Elder Vogel.

The tax credits were awarded for Winn Development’s proposal to preserve and rehabilitate the 101-unit EB McNitt Apartments complex on a former high school campus as low-income housing for senior/disabled residents.

“New Brighton has a rich history and EB McNitt Apartments sits on a property with much historical significance to the community. I support Winn Development’s long-term commitment to this property, its residents, and the community and believe it is a worthy endeavor for the PHFA to support,” said Senator Vogel. “Winn Development’s plans for renovating and improving the property will greatly enhance the lives of the residents of EB McNitt Apartments and the surrounding community.”

CONTACT:               Joe Weidner                (724) 774-0444

                                    jweidner@pasen.gov

 

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