T.J. Properties, Inc. develops affordable rental housing units that will both expand the amount of quality housing for low-income families and contribute to ongoing efforts to stabilize and revitalize the neighborhoods of Philadelphia.


LATEST PROJECT – Belmont Affordable Housing VI

Our most recent project, Belmont Affordable Housing VI, will involve substantial rehabilitation and new construction activities on twenty-four properties, creating 40 affordable housing units in the Belmont neighborhood of West Philadelphia, PA. Of the 40-units, eight (8) will be reserved for persons with mobility impairments.

The 79,000 square-foot development will build on previous investments made by T.J. Properties in the Belmont community. The new project will include scattered-site row home style buildings containing:

• 1 two-bedroom unit
• 7 three-bedroom units
• 28 four-bedroom units
• 4 five-bedroom units

The development will include a management office, which will serve all of the Belmont VI units. All units will be affordable for households earning at or below 50% of the Area Median Income (AMI) and five of the units (or 20%) will be targeted to families earning 40% of AMI.

Rehabilitation work for Belmont Affordable Housing VI will include roof replacement, some exterior brick wall replacement, steam cleaning and brick pointing of outside walls, installation of new double-insulated windows with screens, hard wire smoke detectors, kitchens, and baths. All interior framing will be restored, and each unit will be completely dry-walled. Units will feature new cement floors in basements and new cement porches and rear patios outside.

In addition to supporting the local community plan, Belmont Affordable Housing VI is also consistent with and supportive of the City’s broader strategic plan for community development and revitalization, as enunciated in the Year 30 Consolidated Plan. As the Consolidated Plan indicates, the Mayor‘s Neighborhood Transformation Initiative proposes a shared vision of developing quality neighborhoods throughout the City and presents six goals for achieving that vision. The development of Belmont Affordable Housing VI will contribute to that vision and meet many of it’s goals. As it contributes to an established neighborhood plan, the development meets the first NTI goal, which is to support community-based planning. By reusing and rehabilitating currently vacant buildings and lots, the development also meets the second NTI goal, which is to eradicate blight. By attracting private investment to the community through the use of Low income Housing Tax Credits, Belmont Affordable Housing VI meets the fifth and sixth NTI goals, which are to attract private investment and leverage the City’s resources.

Belmont Affordable Housing VI will include the development of 4165 Lancaster Avenue, which will house an on-site computer lab, on-site job readiness training as well as employment training services provided by Ramsey Educational Development Institute (REDI).



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