ERIE, Pa. — The Woda Group is nearing completion of Willow Commons, an affordable seniors housing community in Erie, located along Lake Erie north of Pittsburgh.
The 45-unit project is an adaptive reuse of the former Wesleyville Public School, which was built in the 1920s. The three-story building is located on a 2.5-acre parcel. There will be 29 one-bedroom units and 16 two-bedroom units, with six fully accessible units and one additional unit for hearing/vision impaired residents.
The apartments will be restricted to those over the age of 62 and making less than 60 percent of the area median income.
The $9.5 million development was made possible in part through an allocation of Low Income Housing Tax Credits and a PennHOMES loan from the Pennsylvania Housing Finance Agency. In addition, construction and equity financing was made possible by an investment by PNC Bank and $228,643 in funding was contributed through the Pittsburgh Federal Home Loan Bank’s Affordable Housing Program (AHP).
Woda Group expects to finish the project this fall.