Dinwiddie Street - Phase I-IV

The new construction and/or rehabilitation of 95 units along the Dinwiddie Street corridor helps serve as a gateway entrance into the Hill District.

Background

Over the past two decades the URA acquired parcels in the lower and middle Hill District for the purpose of assembling development sites. Many of the parcels in this development came from that assemblage and initiated positive development in the neighborhood on a strategic corridor connecting the Hill District to Uptown.

Development

Phase I closed construction financing in May 2010, and by December 2016 all 95 new affordable units in the Lower Hill were developed.

Results

The Dinwiddie Street development helps to address the need for quality affordable family housing in the Hill District and continues the revitalization of the neighborhood. The project consists of acquisition, demolition of dilapidated properties and rehabilitation/new construction of 95 units. Phase I & II both offer 23 units each, Phase III offers 26 units, and Phase IV offers 23 rental units. All Phases were funded through PHFA's Low Income Housing Tax Credit (LIHTC) program. All units are affordable to households with incomes at or below 60 percent of the Area Median Income (AMI). Most units may be eligile to be converted to affordable homeownership after the 15 year LIHTC compliance period.

Facts

• Developer: TREK Development Group, Inc.
• Contractor: Mistick Construction
• Architect: Rothschild Doyno Collaborative
• Total Development Costs: $33,319,693
• URA Financing: $5,003,084
• The Dinwiddie Street development helps to address the need for quality affordable family housing in the Hill District and continues the revitalization of the neighborhood.