HARRISBURG – A historic Tamaqua area landmark will be converted into residential living units as part of a neighborhood redevelopment project, according to State Senator David G. Argall (R-29) and Representative Jerry Knowles (R-124).
The Pennsylvania Housing Finance Agency (PHFA) has announced approval of $3.8 million for the restoration and reuse of the historic ‘Liberty Hall,’ located at 420 East Broad Street, Tamaqua. The develop includes $2.3 million in equity investment in Federal Housing Tax Credits, approximately $481,000 from Historic Preservation Credits, $500,000 in PennHOMES funds, and the remainder in local equity.
“This is yet another important step forward to revitalizing our communities here in Schuylkill County,” said Argall. “Block by block, a restored streetscape sends a positive message to the entire community.”
The proposal includes two apartments and ten town homes with full enclosed garages. All apartments will use sustainable materials and meet “Energy Star” standards.
“Without a vibrant community, we simply cannot compete for the jobs and economic growth that is necessary for ourselves and our children,” said Knowles. “These investments are necessary to rebuilding and restoring our future.”
“This is very good news for the building, the neighborhood, the Alliance for Building Communities, the Tamaqua Area Community Partnership and all of Tamaqua,” said Micah Gursky, President, Tamaqua Borough Council and Board Member of the Tamaqua Area Community Partnership. “Our Board really went out on a limb for this project by acquiring it and it is great to see it moving forward.”
Contact: Nick Troutman
(717) 787-2637