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Almost 100 community members gathered around Dover Street in Philadelphia’s Grays Ferry neighborhood Tuesday for the groundbreaking of Turn the Key’s new affordable housing complex.
Developments like these can help bring more Black and brown homeowners to the area, says one local developer.
Dawud Bey spent more than a decade in prison for drug trafficking. Now he’s building on city land and renovating properties with multimillion-dollar loans.
Launched two years ago, the Philadelphia Accelerator Fund is designed to help Black and brown developers access capital for affordable housing projects.
Councilmember Kenyatta Johnson was joined by Council President Darrell Clarke, the Philadelphia Housing Development Corporation and more partners.