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Philadelphia Area Offers Unique Affordable Housing Project

The Mamie Nichols project in Point Breeze consists of five units located on a property with a 99-year ground lease. The affordable housing will sell for $150,000 to people under at or under 80% of area median income so roughly $50,000 for a household size of one or $70,000 for a family of four, in a neighborhood where similar housing starts at $350,000.

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