35 lancaster avenue
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35 lancaster avenue
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The historic street has been seeing a lot of growth with the addition of new businesses and the creation of community initiatives. These assigned areas have been chosen to receive support in creating jobs and investment in initiatives that will help communities thrive. Lancaster Avenue has historically been a commercial district and organizations like PEC and Lancaster Avenue Business Association plan to keep it that way. PEC, founded in , was initially established as an organization to serve homeless women and children. The organization eventually expanded its resources to serve low-income families in the community by providing cheap housing and financial education tools. According to a report by PEW Charitable Trusts, more than 40 percent of the population in the West Philadelphia and the University City District are living below the federal poverty line. Most recently, the organization opened six rental housing units for low to moderate-income families. According to Jimenez, the organization currently offers housing units in total with subsidized rent in West Philadelphia. While PEC has been buying up property on Lancaster Avenue for low-income housing, Drexel University has been purchasing land to create into student housing. The university, which has been expanding its campus over the course of the last few decades is seeking to increase their enrollment by nearly 7, students by and by , they are planning to have a total of 34, students.
35 lancaster avenue
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