Pennrose

Excited for the opportunity to shine a light on the work Pennrose is doing in Ohio to advance #AffordableHousing, #Sustainabilty, and our partnership with MidTown Cleveland, Inc. on the Warner & Swasey project.

We're proud to celebrate the grand opening of Phase II of the Uplands Master Plan, which adds 150 affordable apartments and $28M in critical infrastructure upgrades to the 63-acre redevelopment in Edmondson Village. The revitalization of the distressed public Section 8 complex is a prime example of how thoughtful development, strategic collaboration, and community engagement can deliver innovative housing solutions and make a meaningful difference. Congratulations to all our project partners! Learn more: https://bit.ly/3P8i9ec #AffordableHousing #CommunityDevelopment #Baltimore Brandon M. Scott City of Baltimore Maryland Department of Housing and Community Development (DHCD) Alice Kennedy Shamiah Woods Kerney Paris Gray Sandy DeFelice M&T Realty Capital Corporation Patrick Stewart

"This project represents a significant step towards addressing the national affordable housing crisis. Residents of McAuley Station will have access to Mercy Care medical services because, in my determination, housing is healthcare." – Andre Dickens, Mayor of Atlanta Phase I of McAuley Station recently celebrated its grand opening in Atlanta's Sweet Auburn neighborhood. The development adds 170 mixed-income apartments adjacent to the Mercy Care campus, providing much-needed affordable housing options in tandem with critical access to healthcare. Watch the video here to learn more about the transformative project: https://lnkd.in/e7FYrZ2F #CommunityDevelopment #HealthcareAccess #AffordableHousing #HousingIsHealthcare Ivy Dench-Carter Denise Farrior Dr. Eloisa Klementich, CEcD Katherine Saez Christopher Womack Sr. Jane Gerety City of Atlanta Georgia Department of Community Affairs Truist Invest Atlanta Southern Company

We are excited to announce that John Arthur Flats has received the Ohio Iconic Building Award as part of the U.S. Green Building Council's 2024 Local Market Leadership Awards! As Cincinnati’s first LEED Gold-certified, LGBTQ+-affirmative affordable senior housing development, John Arthur Flats was recognized for its commitment to sustainability, environmentally-conscious design, and impactful development. Thank you to our Ohio development team, project partners, and community stakeholders for propelling this project forward. Together, we can continue to build a greener and more inclusive future. Read more about the awards: https://bit.ly/4eNhR6E #Sustainability #AffordableHousing #USGBC #CommunityImpact

WE ARE HIRING | Our team is expanding, and we are excited to find an Assistant Property Manager in Wareham, Massachusetts. Check out the link to learn more about this position. https://ow.ly/cKPz50Uq9rc . . . #AssistantPropertyManager #AffordableHousing #LeaseUp #Pennrose #Development #Management #PropertyManagement #JoinOurTeam #Hiring #NowHiring #WarehamMA

As we inch into the pipe-freezing cold weather months, Pennrose is thrilled to highlight the work we’re doing to strategically prevent portfolio-wide water waste using ION leak-sensing software. Investing in this technology has led to property water use decreases of up to 37%, as was the case for Hope’s Crossing in Toms River, NJ. ION tracks water performance data via smart sensors. The system identifies and analyzes unit-level water events, pinpoints malfunctions, and generates automated work orders so maintenance personnel can stop water loss early. These systems have resulted in significant decreases in water consumption. All new Pennrose developments are designed to accommodate this system. Check out page 11 on the Corporate Responsibility Report linked below to learn more. LINK HERE: https://ow.ly/scic50UfRzh

We're proud to launch the $24M revitalization of the FOP Senior affordable housing community alongside FOP Senior Citizens Inc. Located in Northeast #Philadelphia, the comprehensive rehabilitation will deliver significant building repairs and top-to-bottom in-unit upgrades. Plans for the redevelopment also include the addition of on-site healthcare provider space and expansive supportive services to provide residents with easy access to high-quality care and resources. Read more: https://bit.ly/4iibYRY #HealthcareAndHousing #AffordableHousing #SeniorHousing

#ICYMI: Pennrose's Charlie Adams and Karmen Cheung spoke with Tax Credit Advisor about the process of transforming a former historic school building into Boston's first LGBTQ-affirming affordable senior housing community. From a complex capital stack and adaptive reuse challenges to robust community engagement, getting The Pryde to the finish line took extraordinary collaboration and a shared vision among the development team, local community, and city and state partners. Read more about The Pryde at the link below! #LGBTQHousing #AffordableHousing #SeniorHousing LGBTQ Senior Housing Inc City of Boston

Pennrose is proud to present at the 2024 Homes Within Reach Conference this week! On Thursday, 12/5 at 3:30 PM, don't miss "Resilient Neighborhood Redevelopment: Pathways for Community Recovery." Pennrose's Christian Dambly joins Rankin Mayor Joelisa McDonald & project partners for a discussion about transforming deteriorated public housing in the suburbs of Pittsburgh into a vibrant #AffordableHousing community utilizing community engagement, trauma-informed design, and New Urbanist planning. Check out the full conference agenda below! LGA Partners Ed Primm Housing Alliance of Pennsylvania #AffordableHousing #CommunityRevitalization

Happy Thanksgiving, from Pennrose!