News Updates: (show all)

Gail's Story: A New Life on Gratz Street
Read About Us in American Builders Quarterly
We Need Your Vote!
Temple II North Gratz Street Awarded LEED Platinum Certification
Construction Begins at Temple II: 40 Units of Family Housing Near Temple University
1260 Preservation Project, Temple II North Gratz, Receives Tax Credit Allocation
 
WHAT'S NEW?
Gail's Story: A New Life on Gratz Street
Thursday, October 04, 2012

Last month, I had the pleasure of visiting with Gail, a resident of Temple II – North Gratz Street.  She has a remarkable story that is worth sharing.
Using "Mini-Merc" to type, Gail told me
how much she loves her new apartment, with
all its wheel-chair accessible features, and
how it's given her a new sense of hope.
 

Four years ago, Gail was working as a secretary and owned her own home in Olney.  Then the unexpected happened – a stroke. The stroke took her voice and left her in a wheel-chair.  We “conversed” by writing things down and using her “Mini-Merc,” which speaks the words that Gail types in. But I will let Gail tell her own story:

“About four years ago, a stroke took my voice.  My mind is still very sharp.  At first, when I had this stroke it was so unreal.  Having your independence gone and not being able to take care of yourself, you just want to die.  But as time went on, I realized that I am still here; my children, my grandchildren, and my family still need me.

“Through God, my wonderful sister Gina Muldrow, Mr. Walt Kubiak, David Hahn, and Heidi Bohn, I got a place to live and a lot of my independence back.  My property manager, Beth, is always there to help me.  The maintenance staff are just wonderful too! 

I love it here; I feel safe.  I am able to go in and out in my wheelchair.  I love hearing and watching the children play outside and the neighbors cooking out and playing their music.  The best thing is having my own room – privacy!  We all need space to ourselves.  And I love the bathroom – so much space, it’s amazing.  I could go on and on, but the bottom line is that being here has brought some happiness back to my life, and I am so grateful for that!”
- Jessica Stackhouse

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Read About Us in American Builders Quarterly
Wednesday, August 01, 2012

A quick read, and an excellent snapshot of what we do and why it’s important. Read the full article...

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We Need Your Vote!
Tuesday, July 24, 2012


Affordable Housing Finance (AHF) Magazine has selected CPM Housing Group’s Temple I & II property in north Philadelphia as a finalist for this year's Readers Choice Awards. AHF received more than 140 nominations and selected only 34 developments “that go above and beyond providing housing” all across the country as finalists in nine categories. Temple I & II was selected in the Green category. 

Now, it's up to the AHF readers to choose their favorites. Voting is open only to AHF subscribers and the deadline to vote is August 15.  If you don't already have a subscription to AHF you can subscribe here. Then cast your vote.

Thank you for your support. Please pass this on to any other AHF subscribers you know and start voting for these great properties today!

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Temple II North Gratz Street Awarded LEED Platinum Certification
Thursday, November 03, 2011

Temple II North Gratz Street has been certified LEED® for Homes™ Platinum! This historic rehabilitation of 29 brownstone buildings on the 1500 block of North Gratz Street has preserved 40 units of affordable family housing in the vicinity of Temple University in North Philadelphia and is the largest gut rehabilitation project certified under the LEED for Homes program at the Platinum level in the United States.


A celebration was held on November 3 to celebrate the revitalization of this block. We were honored to have many of our funders, board members, and community leaders, and tenants present. Highlights of the day included words of appreciation from resident Monique Bagley, followed by a ribbon cutting ceremony, as well as a few selections by the Society Church Choir & the R.M Warren Silent Choir, both from the Society for Helping Church (Deaf & Hearing).





The LEED Platinum certification and Enterprise Green Communities award underline 1260's committment to making green and affordable housing one and the same.  Not only is it better for the health of our residents, but it directly impacts the stability and sustainability of the entire neighborhood.



The rehabilitation and restoration of historic housing stock preserves the integrity of the neighborhood and contributes to the revitalization of the community.


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Construction Begins at Temple II: 40 Units of Family Housing Near Temple University
Wednesday, March 02, 2011

Restoraion of the historic facades on North
Gratz Street is well underway.
These historic townhomes on the 1500 block of North Gratz Street were last renovated over 20 years ago and are in dire need of a facelift. Phase II of CPM and 1260’s Temple project, these units are designed to qualify for LEED for Homes® Gold certification and expected to be completed later this year. The entire project is part of a larger plan to revitalize this North Philadelphia neighborhood.

CPM believes that the sustainable design features of this project directly impact the sustainability of the surrounding community. Not only will the native vegetation and run-off swales reduce flooding and add natural beauty to the environment, but the energy savings the tenants will realize in their energy-efficient units (with extra insulation, Energy-Star appliances, and high-efficiency plumbing) will allow for more discretionary income to be spent in the community. In addition, the no-VOC interiors and extra day-lighting provide immeasurable health benefits to the residents and their children.

Additional sustainable design elements of the project include: Forest Stewardship Council (FSC) certified lumber; high content recycled building materials, HCFC-free Energy Star mechanical systems, and new Energy-Star Low E argon filled replacement windows. A white roof system helps reduce the “heat island” effect, and all site work is conducted in a manner to minimize disturbance of native vegetation and soil within the construction area. Erosion and sedimentation controls are in place, and a construction waste recycling program has diverted 85% of the waste from landfills to recycling facilities.

More information, including funding sources, can be found here.

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1260 Preservation Project, Temple II North Gratz, Receives Tax Credit Allocation
Sunday, August 01, 2010

The Pennsylvania Housing Finance Agency has awarded 1260 an allocation of low income housing tax credits for the Temple II North Gratz project.  This is the final piece of the financial puzzle that includes historic tax credits, Federal Home Loan Banks of Pittsburgh and New York, City of Philadelphia funds and a permanent mortgage.

The equity generated from the credits, in addition to historic tax credits, will provide $11,066,825 in funding to support the preservation of 40 units of affordable housing on the 1500 block of North Gratz Street in North Philadelphia. The project was originally renovated over 20 years ago as a tax credit project, and 1260 took it on after the initial compliance period ended in order to revitalize and preserve it as affordable housing in an area that has great need for that type of housing, but is in danger of losing it to student housing for Temple University.

It is anticipated that closing on all funding sources will take place in the fall and construction will be completed in late 2011.

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