Tuesday, June 07, 2011

Frankford Avenue has long been home to mixed-use structures, where businesses flourish on the first floor and people live above the storefronts. As Frankford Avenue begins it's renaissance, there has been a renewed interest in turning these ground-floors into commercial spaces once again.



This once abandoned eyesore adjacent to the NKCDC Garden Center was beautifully renovated in 2005 with two affordable apartments on the 2nd and 3rd floors and a commercial space on the first. NKCDC was the first organization in the State of Pennsylvania to complete this pilot program using the Multi-Use Incremental Finance Funding Initiative (MUFFI) through PHFA.