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UPenn Expands Homeownership Incentive Boundaries

Geographic Radius Grown to Include “South Bank” Area

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Philadelphia Business Journal reports that the University of Pennsylvania is expanding incentive program boundaries, to include 52nd st – 56th st, from Market to Paschall Ave. This incorporates residential properties across from South Bank (formerly known as Marshall Labs). Big picture – this program aims to expand West Philadelphia area homeownership via employee incentives. This creates favorable conditions & financial tools for residential buyers & renovators, in order to augment the local community surround UPenn Campus, since 1965.

Source: Philadelphia Business Journal

Brought to you by Philadelphia Real Estate Blog.

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