Growing Affordable Housing
Every day, we work to develop additional affordable housing options in York County.
Baltimore Street, Hanover, PA – For-Sale Housing
In 2017, YAHG, through York Area Development Corporation, acquired a property from Hanover Borough following the demolition of a blighted structure. The 3-unit building attached to the structure was also acquired and demolished. Plans to subdivide the parcels so four homes can be constructed were approved by the Borough. Construction of the four homes are underway and will be ready to sell in Spring/Summer 2018. Lori Foster, Berkshire Hathaway’s Hanover office, will help us sell the homes. Sale proceeds will go toward the preservation of existing or development of new affordable housing.
354 N. Main Street, Wellsville, PA – For-Sale Housing
In 2017, Wellsville Borough agreed to sell York Area Development Corporation a vacant parcel of land on N. Main Street. We are in the process of pre-development, and hope to have all the pieces in place and a new home built on the site by Fall 2018. This home will be sold to a qualified buyer. The home’s design is planned to nestle into the charming Wellsville neighborhood. Sale proceeds will go toward the preservation of existing or development of new affordable housing.
320 W. Princess Street, York PA – For Sale Housing
In 2017, the York Area Development Corporation entered into an agreement with the City of York Redevelopment Authority to acquire and develop the home at 320 W. Princess Street, York. This home is the only blighted property in this block and its redevelopment will increase property values in this up and coming neighborhood.
York County Site – Rental to Homeownership
We teamed up with Monarch Development Corporation to develop 32 family townhomes in York County. At this time, the plan is for each home to include a garage and basement. In addition to the two and three-bedroom townhomes, the site will include an office, community space, a play area, and off-street parking. If approved, it will be located near amenities such as grocery stores, pharmacies, banks, transportation and many employment opportunities. York County’s Loan Committee approved an application for HOME funding, subject to approval of an application for funding from the State. Following construction, the partnership intends to rent the homes for 15-20 years, after which they may become available for homeownership.
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