Affordable Apartments for Seniors. 52 one-bedroom and 8 two-bedroom apartments in Ambler, Montgomery County, Pa., were made available to senior citizens living at 40 to 50 percent of the area’s median income with a loan to Ambler Plaza managed by The Ingerman Group. The apartments are within a block of the Ambler Train Station and downtown shopping. (Loan Pool I – 2/26/2002)
Habitat for Humanity.
Office space for Habitat for Humanity of Montgomery County was one of our first loans made in 2000. The loan made way for a one-story, 2,100 square foot office building and work space in Norristown, Montgomery County, Pa., to administer Habitat for Humanity programs. The organization is a non-denominational Christian housing group whose goal is to eliminate poverty housing and homelessness from the world and to make decent shelter a matter of conscience and action.
(Loan Pool I – 8/3/2000)