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Developer shares plan for 72-unit complex

September 18, 2002|by STACEY DANZUSO

CHAMBERSBURG, Pa. - A Florida developer wants to build a 72-unit apartment complex for low- to moderate-income residents in the south end of Chambersburg.

The development, Deer Brook Estates, would target people earning up to 50 percent of the area's median income. That means they could earn between $13,000 and $26,000, depending on the size of their family, Bob Colvard, an acquisitions specialist for The Heritage Companies, told the Chambersburg Borough Council Tuesday night.

The units would rent for $265 to $483.

Colvard said he wants to apply to the Pennsylvania Housing Finance Agency next month for tax credits for the $7.5 million development, and he said a financial contribution from the borough would make his application more desirable.


He asked council to considering waiving $75,000 in sewer connection and other fees, although council members said they would be more amenable to a minimum-interest loan that Heritage could repay over 30 years. That is similar to the arrangement the borough has with the developer of Cottage Green, a 52-unit senior housing complex planned for Norland Avenue.

Heritage is looking at two 15-acre sites, one near Mill Creek Acres along US. 11 that extends to Progress Road, and one at Papermill Road and Hollywell Avenue.

With the first site, Colvard said the company would have to invest in a $240,000 pumping station to provide sewer. That could potentially provide a solution for residents of nearby Mill Road who do not have public sewer.

Borough manager Eric Oyer suggested structuring a $75,000 loan with Heritage to go toward the pumping station.

"Then you know you're going to have a pumping station. I would prefer not to tinker with tapping fees," he sad.

Borough funds are critical to the plan.

"Cutting to the chase, is $75,000 going to mean it's a go or no-go with you folks?" Councilman John Redding asked.

Colvard said without the borough loan or waiver, the application probably would not go forward because he didn't think it would make the cut at the Pennsylvania Housing Finance Agency.

Deer Brook Estates would be a mix of one-, two- and three-bedroom apartments, and there would be no age restrictions, he said.

He said the development would have 24-hour on-site management, a community clubhouse and several other amenities.

"I want to make it perfectly clear, you would not know these developments are low-income housing," he said.

Colvard will come back to the council Tuesday with a final proposal for the $75,000 loan, and council will vote on whether to support the project.

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