A study by Reinvestment Fund and May 8 consulting to understand how the scattered site rehabilitation of more than 1,100 affordable housing units has impacted the West Philadelphia neighborhoods in which they are located, and determine whether the approach offers cost efficiencies or revitalizing impacts that differ from developments that produced a similar number of affordable units on a single site. The study focuses on affordable rental housing units constructed by two private sector developers, WPRE and Neighborhood Restorations. The projects used Low Income Housing Tax Credits (LIHTC) and private financing. The houses are located in some of area’s most economically distressed blocks. The developments led to a direct investment of more than $160 million in West Philadelphia.
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