Affordable Sustainable Living in Francisville

Nonprofit developer Community Venture and the Francisville Neighborhood Development Corporation have collaborated on a 44-unit rental housing development called Francisville East on the 1500 block of Poplar Street.  The building is a much welcomed addition to the ongoing beautification efforts of Francisville.  Long time neighbors are very excited to see their neighborhood coming back to life, and the development of affordable housing is an added bonus that will hopefully help to keep property taxes at an affordable rate.

The building will be home to  27 one-bedroom units as well as two and three bedroom units.  Solar panels will be used to assist in energy consumption, and small perimeter gardens and adequate sidewalks greet neighbors as they pass by.  The property management company said that they are looking for tenants that are making a minimum annual income of $18,000.  The building was also built with senior citizens as well as the handicapped in mind, considering the aging population of North Philadelphia and changing physical needs.

Information provided by Public Record

Owner: Francisville East LP
Purchase Price for 16 lots: $1 each in 2010
Land area per lot: 1130 SqFt
Location: Francisville
Use: 3-Story Apartment Building

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