North Philadelphia Health System, owner of the property in question and also the Girard Medical Center, filed for bankruptcy at the beginning of this year, creating a potential scenario in which the property would be purchased by a party other than Project HOME. Last month though, a judge indicated approval for a plan to sell most of the NPHS assets in this area to Ironstone Real Estate Partners, with the parking lot going to Project HOME. And so, it seems the affordable housing plan for this property will indeed move forward.
Affordable Housing Coming to 8th and Thompson
