The city of Allentown has officially granted a one-year extension for a new affordable housing project planned near downtown. Even though the developer says they’re on schedule, the extension acts as a backup just in case there are delays. The extra time allows the team to officially file their plans and start building without rushing against the deadline.
38 New Affordable Homes Coming to Eighth and Walnut
Cortex Residential, the company leading the project, plans to build 38 affordable housing units on the corner of Eighth and Walnut streets. The project already got the green light from city officials last year. Now, the company is getting ready to begin construction early next year. The site is considered “shovel-ready,” which means all of the approvals are in place and the team can start as soon as the funding is secured.
Over $14 Million in State Funds Is Earmarked, But Not Final
A big part of the funding — more than $14 million — is expected to come from the Pennsylvania Housing Finance Agency. But that money hasn’t been fully confirmed yet. Jonathan Strauss, one of the co-founders of Cortex Residential, said that while everything looks promising, they’re waiting for the final approval and release of the funds. He explained that the one-year extension was requested just in case the money comes in later than expected.
Construction Could Begin This Spring, First Residents by Next Year
Despite the funding delay, the team is still planning to break ground this spring. If everything stays on schedule, people could start moving into the new apartments as soon as next year. The extension doesn’t mean the project is behind — it just gives some breathing room in case of any holdups.
Historic Church Will Stay, Only Parish House Will Be Torn Down
Part of the construction includes tearing down the parish house next to Life Church on South Eighth Street to make room for the new apartment building. However, the historic church building — once known as St. Paul’s Evangelical Lutheran Church — will not be touched. Strauss made it clear that the old church will remain in place, preserving a piece of Allentown’s history while also making room for new, affordable housing.
