Construction Loan Closed

Ken Schirling, Vice President, Business Banker, of Reliance Bank watches on as George Khoury, CCHLT Board of Directors & Project Development Committee Chair, signs the construction loan documents.

Ken Schirling, Vice President, Business Banker, of Reliance Bank watches on as George Khoury, CCHLT Board of Directors & Project Development Committee Chair, signs the construction loan documents.

In September, CCHLT announced that through a competitive bid process Valley Homes was selected as the builder for this project. Each new, modular home will feature three bedrooms and two full bathrooms. In addition to 1200+ sq.ft. of finished space, each home will have ample storage space with a full basement.

Since September, CCHLT Board member and Project Development Committee Chair, George Khoury has been procuring the necessary permits for CCHLT to build two homes.  On November 10, CCHLT closed on construction loans for the two homes.  With excellent service from Ken Schirling of Reliance Bank and our attorney, Jeff Stover, the deal was finalized.  The homes are now under construction!

Check back to learn what the homes will look like and when the groundbreaking ceremony will occur.  Thank you for your support! Stay tuned for additional supporters next month.

Want to be a part of the Home Build and future homes? Support CCHLT online or by mail. To make a gift to CCHLT, click the “Donate” button below or click here.

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Or you can mail your gift in to:

Centre County Housing and Land Trust
1155 Zion Road
Bellefonte, PA 16823

Want to give something besides money? We have a wish list with items we currently need. Also, we are always looking for volunteers and community supporters to work with us and spread awareness. Contact Rachel to get involved.

 

Interested in buying a home?

Learn more and begin the application process here.

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Centre County Housing and Land Trust strengthens communities through the development and stewardship of permanently affordable homes for people of low- to moderate-income in Centre County, PA. Since 2007, CCHLT has operated as a 501(c)(3) non-profit featuring the collaborative effort of five local organizations to focus on: promoting and preserving of affordable housing; providing education; creating partnerships; and assisting municipalities on affordable housing policies. More information about CCHLT and its programs is available at www.cchlt.org. Follow CCHLT on Twitter @CentreCountyHLT, on Facebook at www.facebook.com/CCHLT, or sign up for updates on CCHLT’s Email List.

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