New senior housing to be built in Mercer County

GREENVILLE, Pa. (WKBN) — More than $1.4 million in housing tax credits have been awarded for a senior housing project in Greenville.

“This innovative project will provide quality senior housing options at a reasonable cost,” Senator Michelle Brooks said in a news release. “It’s exciting that this housing will reinvent the historic Margaret Brown St. Michael’s School for the many seniors who will call it home. I would like to thank Hudson Construction for always going above and beyond for our seniors and Penn-Northwest for their advocacy and vision for this project.”

The Schoolhouse Commons facility will contain 37 one-bedroom and four two-bedroom units for senior citizens aged 62 or older. Porches, activity rooms and education and medical services will also be housed at the complex.

The development will take a property that has been tax-exempt since the 1800s and place it back on the active tax rolls.

The low-income housing tax credits were approved by the Pennsylvania Housing Finance Agency (PHFA) , a state-affiliated agency created by the Legislature in 1972.

PHFA programs and operations are funded primarily by the sale of securities and from fees paid by program users, not by public tax dollars. The agency is governed by a 14-member board.

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