Press

Innova Highlighted in Philly.com Article on Affordable Housing

PW Article

"To Innova's Allegretti, there are better ways to produce for-sale affordable housing. By tapping into the city's existing programs, he was able to build 15 affordable units in Point Breeze that will sold for an average of $239,000. That price might seem high, but the housing is targeted to people earning between 80 percent and 120 percent of median income, about $53,000 to $80,000 for a couple. People earning less, in Allegretti's view, will have a more difficult time financing new homes and will be less able to afford their upkeep. He also believes that "Philadelphia doesn't really have an affordable housing problem. It has a housing quality problem," and he supports programs that focus on fixing existing housing stock."

Read the article here!

Sacred Heart Team Receives 2017 Sustainability Award

Sacred HeartInnova is proud to be part of the team that earned the 2017 Sustainability Award from the Delaware Valley Green Building Council for Sacred Heart Residences. Innova served as the developer's construction manager and energy services consultant, providing design guidance and building performance analytics for one of Pennsylvania's first multi-family Passive House buildings.

Read more about the project here! 

Innova Featured in Workforce Housing Initiative

workforce housing speechJune 15, 2015: State and local officials announce the next phase in a plan to leverage vacant lots to build new housing affordable to middle-income people in rapidly appreciating neighborhoods. The Workforce Housing Initiative will encouraged balanced and equitable growth in Philadelphia and help preserve the middle class. 

Officials speaking include: 
City Council President Darrell L. Clarke (5th District)
Brian Hudson, Sr., Exec. Director, PA Housing Finance Authority
Alan Greenberger, Deputy Mayor
Brian Abernathy, Exec. Director, Phila. Redevelopment Authority
Jeffrey Allegretti, President, Innova Services Corp.
Councilman Kenyatta Johnson (2nd District)
Michael Koonce, Exec. Director, Phila. Land Bank & PHDC
Deborah McColloch, Director, Office of Housing and Community Development

Watch the video on YouTube
For more information read "Philly Converts Empty Lots into Housing for All"

South Point Groundbreaking Highlights


latona green

With resounding community support, Innova Redevelopment, LLC broke ground on its current project: South Point.

South Point is a development of (15) new affordable, for-sale, single-family townhouses in Point Breeze, priced to be affordable to families earning between 55% and 100% of Area Median Income.

The homes will incorporate sustainable and energy efficient building materials and techniques, and will exceed Energy Star for Homes Version 3 standards, ensuring affordable operating and maintenance costs for the homeowners.

Amenities:


  • 2 story homes
  • Contemporary design
  • Brick facades with fiber cement accent panels
  • Open layout first floor
  • 2-3 bedrooms
  • 1-2 full baths
  • Stranded bamboo flooring
  • High ceilings
  • Spacious finished basement

Sustainable Building Features:


  • Energy Star for Homes Version 3 performance-based modeling and verification
  • Zip-R sheathing on exterior walls to reduce thermal bridging
  • Interior spray foam insulation in exterior walls (R-20) and roof cavities (R-38)
  • R-10 spray foam foundation insulation
  • Blower door guided air sealing & duct leakage testing
  • Right-sized, high-efficiency heat pump with 15 SEER central AC
  • Energy Star domestic hot water
  • Energy Star windows, doors, lighting and kitchen appliances
  • High performance, water saving plumbing fixtures
  • Reflective white "cool" roofs
  • Ample glazing for optimum day-lighting
  • ERV (Energy Recovery Ventilator) for improved indoor air quality
  • Recycled content finishes; jobsite waste management through certified waste hauler