UAC CED Celebrated Sale of 400th Home at HBN Press Conference

May 7, 2015

On Wednesday, April 22, 2015, Mayor Michael Nutter, Councilwoman Tasco and Special People in the Northeast (SPIN) joined Urban Affairs Coalition (UAC) President Sharmain Matlock-Turner and its Community and Economic Development Committee* to celebrate the sale of its 400th home under the Home Buy Now (HBN) program. HBN, a program managed by UAC, provides grants funded by the city and participating employers to help employees purchase homes in Philadelphia. Since 2004, the program has leveraged $82 million in home sales and returned $1.60 for every dollar invested by the city. 

The 400th homebuyer, Sharemah Gambrel, is a native Philadelphian and employee at Special People in the Northeast (SPIN), a nonprofit serving adults and children with intellectual and developmental disabilities including autism. She was able to purchase her first home with a $4,000 grant provided by SPIN and HBN. To read more about HBN, click here.

*Photo credits: (From left) Angela Goode, CED Director; Chris Waters, HBN Program Manager; Mayor Michael A. Nutter; Sharemah Gambrel, Homeowner; Paulette Carter and Angela Brown, CED Committee Members; Sharmain Matlock-Turner, UAC President; and Councilwoman Marian B. Tasco.