By: Bloomsburg Press Enterprise
Published: April 14, 2017
HARRISBURG — A state agency has provided the first bit of funding for a “multi-million dollar, four-story, general occupancy apartment complex” at the former site of the Bloomsburg Mills, according to a press release from state Sen. John Gordner.
The Pennsylvania Housing Finance Agency has awarded a $200,000 grant to the Bloom Mills South apartment complex, Gordner said.
When fully funded, the project would contain 44 mixed-income units within walking distance of downtown.
“This is a massive and important project for the residents of the Bloomsburg area,” Gordner said in the release. “Obtaining the PHFA grant, the first of several anticipated funding sources, is crucial for the future of this venture.”
Rich Kisner, executive director of the Columbia County Housing Corporation, called it the “first investment” in the project.
“PHFA’s grant is going to be helpful in opening other avenues of funding for this development,” Kisner said.
Kisner was at a conference Thursday and unavailable to provide more details on the project.
The funds are made available through the Pennsylvania Housing Affordability and Rehabilitation Enhancement Program, which is administered by PHFA. A portion of each Commonwealth Realty Transfer Tax goes into the fund.