NKCDC brings life to abandoned buildings by providing affordable housing
Orinoka Civic House is a $17.8 million overhaul of the former Orinoka Mills factory at 2771-2777 Ruth Street, Philadelphia. Once a textile mill for curtains and upholstry, Orinoka now contains 51 units of sustainable, affordable housing, an indoor community space, a commercial storefront and NKCDC offices.
In 2016 Awesometown became the first LEED V4 Homes Platinum Certified project in Pennsylvania. NKCDC partnered with Postgreen Homes to redevelop a former industrial site into a unique mixed-income residential development of 14 sustainable townhomes. Ten were sold at market rate by Postgreen Homes; four were subsidized and sold to qualifying income-eligible homebuyers through NKCDC.
East Kensington Scattered Site Project
In the spring of 2021, NKCDC completed construction on the first of several new townhouses in East Kensington. Like with the Moyer Street development, NKCDC is selling several properties at market rate to offset the costs of building two affordable homes. “Philadelphians are in dire need of reasonably-priced homes,” said Brian Horne, NKCDC’s Acting Director of Real Estate. “NKCDC would like to build all its housing for sale below market rate, but the city doesn‘t offer enough subsidies for NKCDC to break even.”