Woda Cooper hosted a grand opening and ribbon-cutting on May 15, 2019 for its new Muncy Greene development. The $13.8 million development features 60 single-level apartments that are geared towards low-income seniors. It is one of the first multifamily properties in Pennsylvania to be built to Passive House Institute US certification standards to ensure energy efficiency and low heating and cooling cost and the second Passive House style facility built by developer Woda Cooper Companies, Inc.
Muncy Greene’s 60 single-level apartments have individual attached garages, bright open living spaces, high quality finishes, and EnergyStar appliances. There is a community room with kitchen, central laundry and hooks ups in each unit, computer room, plus an outdoor pavilion, pond, and walking trail. Eight units at Muncy Greene are accessible for residents with mobility impairments, with two that also accommodate hearing or visual impairments. The property has an onsite manager and maintenance technician, plus coordinated, supportive services as needed to help residents maintain health and independence. Located at 291 John Brady Drive in Muncy Township, Muncy Greene is convenient to many business outlets and services. River Valley Transit has set up a bus stop at Muncy Greene to serve residents throughout the day.
Primary funding was achieved through the Pennsylvania Housing Finance Agency’s allocation of Low Income Housing Tax Credits. CREA LLC invested in the tax credits and Citizens Bank provided a mortgage loan. Instrumental in the financing of Muncy Greene was strong early support from Lycoming County Commissioners. They allocated $800,000 in Pennsylvania Housing Affordability and Rehabilitation Enhancement or PHARE funds. The PHARE program assists communities in creating affordable housing like Muncy Greene throughout Pennsylvania. Funding for PHARE is driven through multiple sources including impact fees in counties like Lycoming County where Marcellus Shale gas wells exist. In addition to the PHARE funds, County Commissioners also allocated an additional $50,000 in local housing funds through Pennsylvania Act 137.
