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Schwank and Guzman Secure $1 Million for Senior Housing Project in Reading

October 22, 2024

Reading, PA — October 22, 2024 — Today, Sen. Judy Schwank and Rep. Manuel Guzman Jr. announced a $1 million Local Share Account-Statewide grant to support the Cornerstone at 6th and Chestnut project.

The project will redevelop a blighted industrial building at S. 6th and Chestnut streets in Reading. The facility will feature 46 apartments for seniors and individuals with disabilities. The LSA grant will fund the partial demolition of the existing structure and the environmental remediation needed before construction begins.

The funding was awarded to the Reading Redevelopment Authority on behalf of HDC MidAtlantic and Landis Quality Living.

“Lack of affordable housing is a growing issue in the City of Reading and throughout Berks County,” Schwank said. “The Cornerstone at 6th and Chestnut project will not only provide housing for those most in need, but it will also facilitate the adaptive reuse of a blighted building in a strategically important area of the city. I’m proud we were able to collaborate to significantly advance this crucial project.”

“I am excited and proud to help address an urgent need for affordable housing for individuals with disabilities and the rising population of seniors in our community,” Guzman said. “We will be transforming a blighted industrial site into a safe and vibrant place where our elders can live with dignity, a place to call home. This major investment also underscores a solid commitment to serve and honor our seniors. I am confident that we are going to continue improving the quality of life of the elderly population and delivering results for our city.”

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