This slideshow requires JavaScript.

Parker Hall is an affordable senior rental project located within the Centerville Retirement Community (also included within the Centerville Retirement Community is Antioch Manor) at the corner of 7th Street and Ferry Avenue, in the Centerville section of the City of Camden, NJ.  The building is situated on a landscaped 1.75+/- acre tract of was a vacant lot adjacent to the Roosevelt Manor HOPE VI.  Construction of the project began in the summer of 2008 and was completed within 12 months.  The development designates 100% of its units for households at least 55 years of age with incomes being restricted to those who earn no more than 50% of the Camden County median. The development contains 77 one and two-bedroom affordable  apartments and one two bedroom, dedicated, manager’s unit within a four story mid-rise building along with 31 off street parking spaces, an abundance of storage and a suite for the social service provider.  Residents also have access to the health care services provided by CAMcare in Antioch Manor as part of the social service program for Parker Hall.  Additionally, the building contains the leasing/management office, maintenance shop, laundry facilities and a furnished two story community room with a warming kitchen for events and functions held at the site.  Financing of this project was provided through a combination of equity from the syndication of Low Income Housing Tax Credits from the New Jersey Housing and Mortgage Finance Agency, Balanced Housing Funds provided through the New Jersey Department of Community Affairs, Camden Recovery Board Funds and a construction loan from Wachovia Bank.  Finally, the Camden Housing Authority provided Parker Hall with a 10-year Section 8 Project Based Assistance Contract for 8 residences.

Comments are closed.