Over two dozen Norristown residents, most from the 700 block of Sandy Street, turned out to last night’s Norristown Design Review Board (NDRB) meeting to voice opposition to a New Jersey-based company’s plan to build an apartment complex in their neighborhood.
The plan calls for a seven-building complex, currently being referred to as the “Schuylkill Overlook,” with a total of 49 units on a 3.4-acre, sloping piece of land at 772 Sandy St. between Tremont Cemetery, Main Street and residents to the east. The Ingerman Group, the company proposing the development, would finance the $12.3 million project through a low income housing tax credit program administered by the Pennsylvania Housing Finance Agency (PHFA). The PHFA program requires that a portion of the housing be made available to low-income individuals. Ingerman would also take over management of the apartment complex.
According to John Randolph, a representative of the company, the project is intended for “workforce” individuals, which he defined as “people who make between $24,000 and $54,000 a year.” Proposed rent for the two- and three-bedroom units in the complex would range from $717 to $1,018 a month.
But that “workforce” term was a contentious one, as were several elements of the design plan outlined for the NDRB. Several residents attending the meeting equated “workforce” housing to Section 8 housing.
Read remainder of the story at the Norristown Patch