A shortage of affordable 55+ housing in Bucks County has created a feeding frenzy of interested applicants for new apartments in Sellersville. Hopeful home hunters, fearful of missing out, are already on a waiting list a year out from construction completion. Bob Keeler reported the early birds for the Perkasie News Herald.
Dan McKee, president and CEO of Grace Inspired Ministries, reported on the instantaneous interest in the development. He has collected waiting-list contact information from a cavalcade of interested residents. He assures them of ongoing notification about the construction’s progress as it moves toward completion next April.
Sean Kelly, executive vice president of development partner Leon N. Weiner Associates, outlined residency eligibility requirements, based on the following thresholds for annual earnings:
- 60 percent of Bucks County’s median income
- Less than $39,720 for a one-bedroom apartment
- Less than $45,360 for a couple for a two-bedroom apartment
“Today, we’re here to officially bless and start a whole new life for our local seniors,” Sellersville Mayor Thomas Hufnagle said.
More on this development is at the Perkasie News Herald.