Centre Region townships team up to save 49 affordable housing units. 5 takeaways

Three Centre Region townships have committed a combined $225,000 out of a $300,000 goal to help preserve 49 affordable housing units at Sylvan View Estates in Ferguson Township. The development lost its affordable housing status on Dec. 31, 2024, after its 30-year income and rent restrictions expired.

FULL STORY: Centre Region townships team up on ‘creative solution’ to save affordable housing units

Here are the highlights:

• Patton Township voted unanimously to reallocate $25,000 in American Rescue Plan Act funds toward the effort, joining Ferguson Township ($50,000) and College Township ($150,000) in backing the initiative.
• Local developer Ara Kervadjian plans to purchase and renovate the property using Pennsylvania Housing Finance Agency funds, then turn it over to the Centre County Housing and Land Trust, which would preserve affordable housing status for 99 years.
• Some longtime tenants have already been forced out as leases could be increased to market rate, and the units could potentially be demolished for new market-rate development if sold to another buyer.
• The effort comes as CCHLT Executive Director Missy Schoonover expects around 1,700 affordable housing units across several developments to lose their low-income designations over the next five years.
• The timeline remains uncertain. Schoonover said the property could be sold to another developer before Kervadjian’s application is processed, though current owners prefer a buyer who would maintain affordable housing status.

The summary points above were compiled with the help of AI tools and edited by journalists. The full story in the link at top was reported, written and edited entirely by journalists.

This story was originally published February 11, 2026 at 10:27 AM.