Mayor Michael A. Nutter visited three redevelopment projects along Germantown Avenue to highlight smart investments being made in neighborhoods across Philadelphia. The projects are funded by the Department of Commerce and the Office of Housing and Community Development. City Councilwoman Cindy Bass and Deputy Mayor for Economic Development Alan Greenberger joined Mayor Nutter as he toured the dilapidated buildings, which will soon become apartments and space for new and existing small community businesses through redevelopment work by Mt. Airy USA. These renovations are made possible by more than $600,000 in mixed use and neighborhood economic development grants from the Nutter Administration.
“The work that Mt. Airy USA is doing will transform this section of Germantown Avenue, providing new apartments for families, expansion space for existing businesses and opportunities for new businesses to grow and prosper,” said Mayor Nutter. “Over the last few years, the Commerce Department has invested over $1 million in neighborhood development projects from Lancaster Avenue to Broad and Erie, West Philly to Fairmount and Ridge, leveraging $100 million in additional funding and creating more than 450 jobs. We will continue to make these investments to ensure that all of our neighborhoods reach their full potential.”
City Councilwoman Cindy Bass added, “I am very excited to see such a large investment in our community, especially along Germantown Avenue, the commercial corridor and lifeblood of the 8th District. I hope to continue seeing projects such as these popping up all over Northwest Philadelphia.”
The Department of Commerce and Office of Housing and Community Development awarded Mt. Airy USA $459,000 in Mixed Use Grants supported by Community Development Block Grant (CDBG) funding in 2011 and 2012. In addition, the Department of Commerce awarded Mt. Airy USA a $150,000 Neighborhood Economic Development Grant (NED), again supported by (CDBG) funding this summer.
Also receiving NED funding were the People’s Emergency Center CDC, Community Legal Services, People for People in partnership with Project HOME, and the Nicetown CDC. A Request for Proposals for the next round of Neighborhood Economic Development Grants will be issued later this year.
“We are making smart investments in commercial corridors and neighborhoods across Philadelphia to create jobs, spur new development, and ultimately revitalize our communities,” said Alan Greenberger, Deputy Mayor for Economic Development. “Whether through economic development grants, storefront improvement challenges, tax credits or commercial corridor support, this Administration is investing millions of dollars to support job creation and growth in the places that need it the most.”
Over the coming weeks and months Mayor Nutter and Deputy Mayor Alan Greenberger will make further announcements regarding new investments in neighborhoods across Philadelphia.