This week, Equity Platforms CEO Vernon Jones, an affordable housing developer in East New York, announced the acquisition of 315 N Front Street, now renamed “Front Street Lofts.” Located in the historic downtown Harrisburg waterfront district, this property holds significant historical value as it served as a stop on the Underground Railroad following its construction in 1850, helping bring people out of slavery. Now, this landmark will be transformed into quality affordable housing, giving it a new purpose while preserving its rich history.
photo by BJ Effiong
Front Street Lofts will feature eight residential units along with a community space. The project is part of a broader initiative aligned with President Biden’s nationwide efforts to revitalize downtown corridors by converting commercial properties into apartments. With federal incentives, including low-interest mortgages and tax breaks, this development is set to enhance the community while honoring a piece of American history.
As Equity Platforms’ newest venture, the project addresses the immediate needs of the Harrisburg community and serves as a scalable model for similar initiatives nationwide. Vernon Jones expressed hope for America’s future through the repurposing of historic office buildings: “The pandemic has created a more permanent shift in the use of office buildings. By transforming these historic structures into affordable housing, we can reinvigorate our communities while optimizing downtown corridors to their highest and best use.”
photo by BJ Offing
A recent McKinsey study highlighted that office buildings in city centers have seen a 30% decline in attendance, emphasizing the urgent need for innovative solutions like the Front Street Lofts project.
Equity Platforms plans to add this opportunity to its crowdfunding and tokenization platform called EquityShare, which provides the system for community developers to offer fractional ownership to neighborhood advocates and local residents. This initiative not only fosters community involvement but also democratizes real estate investment, ensuring that the benefits of revitalization are shared broadly.
Can you Bee-lieve it? Summer has come and gone in a (hot) flash! With the last summer Family Day, join us as we celebrate pollinators of all kinds that make summer on the farm vibrant and tasty! 
Farmhouse Family Day is from 11AM-3PM with the craft activity beginning at 1PM. This is an all ages event, ideal for kids ages 4-12.
Don’t miss our weekly Farmstand, June 15th-October 26th on Saturdays from 11AM-3PM!
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