- State Sen. Judy Ward (R-30) and state Rep. Rich Irvin (R-Huntingdon) are applauding more than $2.4 million in federal funding being administered by the Pennsylvania Housing Finance Agency that will facilitate conversion of the former Mount Union Elementary School at 10 W. Market St
. into affordable housing.
“As Vice Chair of the Senate Health and Human Services Committee, one of my priorities is to ensure that all residents in my district and across the Commonwealth have a decent place to live,” said Ward. “Mount Union Senior Lofts will provide high quality and much-needed affordable housing to low-income seniors while adding to the momentum of the exciting community efforts already underway.”
“I got a first-hand look at the project and met with the developer, who I have full confidence in to do a great job renovating this building, which has been unoccupied for more than two decades,” Irvin said. “The shortage of affordable housing is believed to cost the American economy about $2 trillion a year in lower wages and productivity. I support this statewide investment in rejuvenating Pennsylvania, especially as we continue to feel the effects of the COVID-19 pandemic.”
The finished product will be modeled to the original building’s features and include two floors totaling 33 one-bedroom units and 11 two-bedroom units.
Mount Union is one of 37 multifamily housing developments being funded statewide through an effort that will create nearly 2,000 total rental units, the majority of which will be available for low-income Pennsylvania residents. The projects are federally funded through Low Income Housing Tax Credits, PennHOMES funding, and National Housing Trust Funds.