Edinboro Family Homes
Scots Glen Drive
Borough of Edinboro, Pennsylvania 16412
Total Development Cost: $6.24 million
Edinboro Family Homes is a 29-unit single-family home development built within an existing market rate subdivision. The subdivision borders other market rate homes, a daycare center, and a retail center anchored by a full-service grocery store with a pharmacy. This subdivision abuts a picturesque five-acre nature preserve providing nice backyard views and privacy for tenants.
Home designs include the application of Universal Design features, Visitability standards and compliance with ADA and Fair Housing regulations. The development also includes Energy Star rated appliances and construction materials, Carpet Institute’s ‘Green Label’ carpet, low Volatile Organic Compound (VOC) paints, caulking, sealants and adhesives, use of recycled materials and use of low-flow water saving devices.
The homes operate under a lease-purchase model, where residents have the right of first refusal to purchase their home following the tax credit compliance period.
Sources of Financing:
LIHTCs
PennHOMES
Federal Home Loan Bank of Pittsburgh
