Pennrose Opens New Affordable Apartment Community

On Wednesday, August 7th at 2:00 PM, Pennrose Properties, LLC and the Housing Authority of Chester County held a grand opening and ribbon cutting ceremony to celebrate the completion of Fairview Village in Phoenixville, Pa. The development consists of 36 affordable apartment homes, ranging from one to four-bedroom residences.

Prospective residents took part in the celebration, which included a ribbon cutting ceremony with speeches from key stakeholders, such as Mayor Leo J. Scoda; Mark H. Dambly, President of Pennrose Properties, LLC; Jane C. W. Vincent, HUD Regional Administrator; Congressman Jim Gerlach; Dale Gravett, Executive Director of the Housing Authority of Chester County; and Pat Bokovitz, Director of the Chester County Department of Community Development. Attendees also had the opportunity to tour the completed units. 

Phoenixville was recently named one of the “10 Awesome Neighborhoods to Call Home,” by Philadelphia Magazine. Fairview Village is nestled just minutes from the newly revitalized downtown, where residents can enjoy various restaurants, galleries and antique shops. The property is also near Phoenixville Hospital, Valley Forge National Park and The Colonial Theatre. 

“There is a great need for affordable housing in this area and we’ve received tremendous interest in Fairview Village so far,” said Mark H. Dambly, Pennrose President. “We are pleased to be able to fill the community’s need and offer high quality housing that provides a place for the families in Chester County to call home.”

The property, developed and managed by Pennrose, provides many amenities for its residents, including modern floor plans, a washer/dryer in each unit, vinyl plank flooring, granite-like countertops, energy efficient appliances, and central heating/air conditioning. Each home is also pre-wired for Internet and cable and has its own private locking storage area. Residents can also enjoy community amenities, such as professionally landscaped grounds, off-street parking and an inviting community room.

Fairview Village is also ENERGY STAR® Certified, which is achieved by using ENERGY STAR appliances, water saving devices and solar panels, reducing energy and water heating costs for Fairview Village.

“Fairview Village would not have been possible without the Low Income Housing Tax Credit, our country’s main tool for creating affordable housing and a great example of how the public and private sector can work together efficiently to strengthen our communities, create jobs and empower residents to thrive,” added Dambly.