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Housing & Economic Development 
For Sale HousingDescription: OARC is creating new homeownership opportunities in West Oak Lane by renovating homes in the community. At OARC, we are committed to turning out high-quality, beautiful homes which include new plumbing, electrical systems, heaters, roofs, kitchens, baths, windows, doors, and alarm systems. We will guarantee all the renovations made in the home for one year. Our homes include various styles and sizes ranging from quaint two bedroom cottages to large duplexes with prices ranging from $70,000 to the mid $170,000's. OARC homes are listed with local realtors and homebuyers must get their own financing. Accomplishments: Properties renovated and sold:
Funders: Presbyterian Foundation, HUD, private lenders Rental HousingDescription: OARC offers affordable one, two and three bedroom apartments. Amenities Include:
Funders: Pennsylvania Housing Financing Agency, HUD, private lenders The Housing Counseling Program at West Oak Lane CDC
WEST OAK LANE COMMUNITY DEVELOPMENT CORPORATION 6259 Limekiln Pike * Philadelphia, PA 19141 * 215.224.0880 (tel) * 215.224.8746 (fax) The West Oak Lane Community Development Corporation, a wholly-owned subsidiary of OARC, conducts a Housing Counseling Program that is certified and supported by the Office of Housing and Community Development (OHCD/City of Philadelphia). The agency is HUD certified and under contract with the Pennsylvania Housing Finance Agency to provide housing counseling services. Counseling Services Provided Pre-Purchase Workshops and One-on-One Sessions: Weekly workshops and One-on-One sessions for prospective homebuyers Post-Purchase Counseling: One-on-One sessions for current homeowners to discuss issues encountered after purchase such as meeting mortgage payments, budgeting, and home maintenance Default and Delinquency: Mortgage Delinquency / Real Estate Tax Delinquency Foreclosure Prevention: tools and assistance available to help prevent foreclosures Pre-Loan: Refinancing / Home Improvement Loans / Anti-Predatory Lending Post-Loan: Predatory Lending Issues Pre-Rental/Post-Rental Landlord/Tenant Issues Consumer Education Funders: OHCD/City of Philadelphia; HUD Commercial Revitalization InitiativeDates of Operation: Began in 2003, ongoing Description: This program is active on Ogontz Avenue from 65th Street all the way to Cheltenham Avenue; on Washington Lane from Ogontz to Stenton Avenue, and Stenton Avenue from Upsal Street to Haines Street. OARC's Business District Managers work closely with businesses in these areas to help with marketing and to aid in maintaining high quality standards. Additionally, they coordinate the Northwest Philadelphia Façade Improvement Program, which provides direct grants to businesses for façade improvements. Accomplishments: To date, we have invested over $500,000 in new commercial storefronts, awnings, security grates, colorful banners and signage. Partner: Greater Philadelphia Urban Affairs Coalition Funders: Local Initiatives Support Corporation, and the Pennsylvania Department of Community & Economic Development (DCED) Commercial Real Estate Acquisition, Development & LeasingDescription: OARC has acquired, developed and leased approximately 100,000 square feet of commercial space in West Oak Lane. We welcome new and seasoned business owners to participate in the growth of this upwardly mobile urban community. West Oak Lane is the ideal place to locate your business. Accomplishments: Some of the businesses we have attracted to our neighborhood include:
Partners: Main Development Group, Haines Eastburn Stenton Corporation, Ogontz Plaza Associates Funders: Various public and private lenders, private investors, Pennsylvania Department of Community & Economic Development (DCED), City of Philadelphia Commercial RevitalizationDescription: OARC has acquired various strategically located commercial buildings nearly all of which were vacant and deteriorating. These properties are currently being re-developed and will be available for lease in the near future. Our overall goal is to attract new businesses to West Oak Lane. These properties include:
Funders: Pennsylvania Department of Community & Economic Development (DCED) and private lenders Community RevitalizationDate of Operation: Construction began October 2006 and will continue through 2007 Description: OARC is currently renovating six houses on the 1300 Block of East Haines Street. We are also are restoring the façades of the other owner-occupied homes. Our goal is to improve the overall appearance of the entire block, and thus the quality of life for everyone in the neighborhood. Funders: Pennsylvania Department of Community & Economic Development (DCED) Wister Transit-Centered Community DevelopmentDescription: OARC is exploring housing & economic development opportunities around the Wister Station stop on the R7 line. Major Goals/Objectives: To determine if market rate housing is appropriate for this area. Partners: OARC partners on this project include the Wister Neighborhood Council, La Salle University, SEPTA and The Reinvestment Fund. Funders: Healthy Neighborhoods Now Healthy Neighborhoods InitiativeDescription: OARC was recently successful in having a portion of West Oak Lane selected to participate in this exciting new neighborhood development initiative. Major Goals/Objectives:
Partners: Neighborhood Residents, other service providers Funders: Healthy Neighborhoods Now |
