| Wespath Benefits and Investments and its subsidiaries, including Wespath Institutional Investments, participate in the Positive Social Purpose Lending Program. The information below provides details about a property recently financed through this program. |
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Through the Positive Social Purpose Lending Program and in partnership with The Community Development Trust, participation was purchased in a loan providing financing for a 58-unit rental property in State College, PA. The project is age-restricted to tenants 62 and older with household incomes up to 60% of area median income. Common area amenities include a community room with a kitchen, laundry facilities, computer room, a pool, tennis courts and 58 parking spaces. Stonebridge Senior Apartments is part of a larger planned and phased development for the area. |
 Image Source: Spectrum Field Services, Inc. |
| Property Name: | Stonebridge Senior Apartments |
| Location: | 1680 Bristol Avenue, State College, PA |
| Units: | 58 |
| Loan Amount: | $1,528,200 |
| Term: | 18 years |
| Purchase Date: | April 28, 2017 |
For more information about The Community Development Trust: www.cdt.biz
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