SACA DEVELOPMENT CORPORATION
453 S LIME STREET NO A, LANCASTER, PA 17602 www.sacapa.org

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Organizations Filed Purposes: THE CORPORATION IS FORMED TO:1) PURCHASE, CONSTRUCT, REHABILITATE, OWN, REPAIR, MAINTAIN, LEASE AND RELEASE HOUSING IN BLIGHTED OR ECONOMICALLY OR SOCIALLY DEPRESSED AREAS OF THE COUNTY OF LANCASTER, PENNSYLVANIA.2) LESSEN THE BURDENS OF GOVERNMENT BY MAKING DECENT, AFFORDABLE HOUSING AVAILABLE IN AREAS WHERE GOVERNMENT AND PROFIT-MAKING BUSINESSES TRADITIONALLY HAVE FAILED TO DO SO AND TO PROVIDE SUCH HOUSING ON A NON-PROFIT BASIS AND WHEREVER ECONOMICALLY POSSIBLE, AT RENTS BELOW MARKET RATES AND AT PRICES AFFORDABLE TO LOW AND MODERATE INCOME PERSONS3) TO ENCOURAGE COMMUNITY IMPROVEMENT AND TO PROVIDE TRAINING AND INCREASED EMPLOYMENT OPPORTUNITIES FOR ECONOMICALLY AND SOCIALLY DISADVANTAGED MEMBERS OF LOW AND MODERATE INCOME FAMILIES, AND4) IN FURTHERANCE OF THE FOREGOING, TO DO ALL OTHER ACTIVITIES AND THINGS WHICH NON-PROFIT CORPORATIONS ARE LEGALLY AUTHORIZED TO DO.

TO PROVIDE AFFORDABLE HOUSING OPTIONS TO LOW TO MODERATE INCOME FAMILIES.

OUR NEWEST ACQUISITION, TEC CENTRO SOUTHWEST, A LARGE WAREHOUSE-TYPE BUILDING, IS SLATED TO HOUSE AN EXPANSION OF OUR ORIGINAL TEC CENTRO WORKFORCE TRAINING AND JOBS CENTER, TO INCLUDE TRAINING IN HVAC, ELECTRICAL AND PLUMBING. IN ADDITION TO OUR CONESTOGA NORTH HOUSING CONSTRUCTION PROJECT IN PROGRESS, PLANS ARE IN PLACE TO CONSTRUCT A PROFESSIONAL OFFICE BUILDING ON SOUTH DUKE STREET ACROSS FROM OUR COMMERCIAL RETAIL CENTER, WHICH IS NOW FULLY RENTED.

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