Hanley Wood Announces 2018 Affordable Housing Finance Readers' Choice Awards
Winners to be honored at The Affordable Housing Developers Summit in November in Chicago.
WASHINGTON, Sept. 27, 2018 /PRNewswire-PRWeb/ -- Hanley Wood, the premier information, media, event, and strategic marketing services company serving the residential, commercial design, and construction industries, is pleased to announce the winners of its 2018 Affordable Housing Finance Readers' Choice Awards. The winners will be honored at a ceremony held during AHF LIVE: The Affordable Housing Developers Summit, November 12-14, in Chicago, IL.
Each year, AFFORDABLE HOUSING FINANCE magazine honors the nation's best affordable housing developments. This year, 36 finalists selected by AFFORDABLE HOUSING FINANCE editors vied for top honors in 10 categories, and then subscribers voted for each category winner plus an overall grand winner.
West Turner Residences in Allentown, Pa., has been selected as this year's overall winner as well as the best senior housing project. The project was developed by Pennrose Properties and Sacred Heart Hospital (now St. Luke's).
The 61-unit development provides one- and two-bedroom homes for seniors earning no more than 20%, 50%, and 60% of the area median income. In addition, the first floor of the building has approximately 6,000 square feet of space, which the hospital will use for geriatric, physical therapy, and other senior-focused medical programs. These services will be available to both building residents and others in the community.
The health center will allow seniors to receive medical attention without going to the hospital. However, if they need to visit St. Luke's, they can board a shuttle or take a new pedestrian path that the team built between West Turner Residences and the neighboring hospital.
For the hospital, the housing development is an opportunity to serve more people in the community. It was also a meaningful way to revitalize a blighted block and improve the neighborhood. To build West Turner Residences, the team acquired close to 45 parcels from absentee landlords and others through private purchases and eminent domain, according to Mark Dambly, president of Pennrose.
The other 2018 Readers' Choice Award winners are:
Family: Mercy Othello Plaza in Seattle by Mercy Housing Northwest
Green: Hillcrest Residences in Pittsburgh by The Community Builders
Historic Rehab: Bell Artspace Campus by Artspace Projects and Providence Community Housing
Mixed-Income: Sibley Square in Rochester, N.Y., by WinnCompanies
Public Housing Redevelopment: Renaissance Square in San Juan, Puerto Rico, by McCormack Baron Salazar
Preservation: Portner Flats in Washington, D.C., by Jonathan Rose Cos. and Somerset Development Co.
Rural: Proctor's Landing in Lawrence County, Ohio, by PIRHL and Ironton-Lawrence County Community Action Organization
Special-Needs: Sheakley Center for Youth in Cincinnati by Model Group and Lighthouse Youth & Family Services
Urban: Woodlawn Station in Chicago by Preservation of Affordable Housing
Editors' Choice: The Residences at Career Gateway in Columbus, Ohio, by The NRP Group and Community Development for All People
For more information, visit housingfinance.com.
About Affordable Housing Finance
AFFORDABLE HOUSING FINANCE is the nation's leading source of news for developers, investors, financiers, and housing officials. It provides in-depth coverage of affordable housing development and financing. To learn more, visit housingfinance.com.
ABOUT HANLEY WOOD
Hanley Wood is the premier company serving the information, media, and marketing needs of the residential, commercial design and construction industry. Utilizing the largest analytics and editorially driven Construction Industry Database - powered by Metrostudy - the company provides business intelligence and data-driven services. The company produces award-winning media, high-profile executive events, and strategic marketing solutions. To learn more, visit hanleywood.com.
SOURCE Hanley Wood, LLC
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