The Charles A. Melton Arts and Education Center in West Chester will receive $2.1 million in state funding to invest in affordable housing along nearby Market, Miner, and Worthington streets, writes Fran Maye for the Daily Local News.
The Melton Center is one of nine Chester County organizations that had a total of $4.3 million in funding approved last week by the Pennsylvania Housing Finance Authority.
The center plans to build around 50 affordable workforce development housing units on the 2.5-acre site east of its current building during the spring of next year. The entire development is expected to cost $15.4 million, with Church Housing of Phoenixville and NRP LLC also involved in the project.
According to Lisa Dorsey, president of the Melton broad of directors, the design is yet to be finalized.
After the project is completed, 49 percent of any income generated from the rental of its one- and two-bedroom apartments and townhouses will go to the Melton Center, with 51 percent going to Church Housing.
“I am encouraged to see investments being made to combat homelessness and provide affordable housing in our communities,” said State Sen. Katie Muth.
Read more about the project in the Daily Local News here.