OTHER RESOURCES

A Fundamental Need For Stable Lives

Just as housing is a key driver of the national economy, it is also an engine for stabilizing lives, strengthening families and revitalizing the neighborhood economy.

Impact’s significant work in creating Supportive Housing has given hundreds of homeless veterans the stability and safety they need to rebuild their lives. Beginning with Hancock Manor’s 1990 conversion, Impact has produced over 70 units of housing that provide new beginnings for homeless veterans.

Current projects in Supportive Housing include refurbishment of 46 apartment units at Hancock Manor, and the addition of 32 beds to the Dual Diagnosis Program. These projects are expected to be complete by 2009. The Veterans Multi Housing Initiative is expected to add an additional 150 units to Impact’s inventory of Veterans’ housing by 2012.

Fragile families in the care of the Department of Human Services often struggle with housing needs. Here too, Impact has made contributions, providing affordable rental housing to 14 families that create a foundation of stability for some of Philadelphia’s neediest families reunited after homelessness.

A persistent and unbridgeable gap between production costs and subsidy levels long frustrated Impact’s desire to produce affordable housing in its community. Recent market changes though have expanded the opportunity to engage in more traditional forms of non-profit housing development.

Impact’s housing work jumped to a new level in 2006 when it hired its first Director of Housing and ramped up housing activity associated with the Heart of Kensington Neighborhood Development Plan.

Thirty units of homeownership housing and thirty to fifty units of affordable rental housing for senior citizens are planned for the area near Kensington and Allegheny.

Finally, Impact Community Development Corporation is partnering with OKKS Development to complete 50 units of new homes for-sale to low, moderate and middle income homebuyers in Juniata Park. The Twins at Powder Mill went to settlement December 2007; the first units are expected to be complete in 2008. With prices for 3-bedroom homes starting at $164,999, first time homebuyers are encouraged to learn more about these beautiful 3 and 4-bedroom homes, which will be sold using a lottery system. Learn more! www.twinsatpowdermill.com

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