A gay-friendly affordable housing development is scheduled to break ground in the fall in Philadelphia, noted as one of the first of its kind to be financed completely with public money, according to media reports.
“The housing development … calls attention to an increasing demand from members of the lesbian, gay, bisexual, and transgender community for affordable housing that will allow them to live as seniors free from fear of discrimination,” AOL Real Estate reports. “Affordable housing that dictates eligibility based on sexual preference is illegal, but developments like the planned Philadelphia facility can draw special interest from gays and lesbians through location and marketing.”
Los Angeles already has an affordable housing complex that is geared to the LGBT community, and similar buildings are being planned in San Francisco and Chicago. The Philadelphia building, however, will be the first to receive its entire funding from public money — government grants and awards. The Pennsylvania Housing Finance Agency granted $11 million in tax credits for the construction of the building, and $8 million in funding from state and city grants also will go toward the construction.
The author of this article is: realtormag.realtor.org
See the original post at: http://realtormag.realtor.org/daily-news/2012/04/20/philadelphia-plans-publicly-funded-gay-friendly-housing
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