By Cherri Gregg
PHILADELPHIA (CBS) — A new affordable housing development in North Philadelphia is the nation’s first LEED-ND “plantinum” development, representing $48 million in federal tax credits and private investment.
Nestled at the corner of 9th and Berks Streets, Paseo Verde includes 120, one- and two-bedroom, affordable rental units and 30,000 square feet of commercial space.
“This was just a parking lot, a vacant parking lot,” says Nilda Ruiz, CEO of Asociación Puertorriqueños en Marcha (the Association of Puerto Ricans on the March, or APM), one of the developers that helped transform the trash-strewn lot into a beautiful modern apartment complex that includes environmentally friendly features such as green roofs, water gardens, solar panels, and the use of recycled materials.
“Not only does it has a lot of green elements, but it also has walkability, and it’s easy to transit,” says Ruiz.
Paseo Verde is a stone’s throw…
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