Affordable Housing Groundbreaking

Odin Properties has broken ground on Sepviva Lofts, with many great partnerships involved on local, state and federal levels.

Odin Properties has broken ground on Sepviva Lofts, a $20 million affordable housing project at 2201 E. Tioga St. in Kensington/Harrowgate, near the Tioga Station of the Market-Frankford Line. The 51-unit development, set to open in 2026, will provide homes for residents earning 20–50% of the area’s median income.

Maria Buckley, Peter Dilsheimer, *Development Manager at Odin Properties* Cody Worthington, *Development and Acquisitions Analyst at Odin Propertie*s, Philip Balderston, *Founder and CEO of Odin Properties* and Isabelle Harvey

This is great news for Philly as the four-story project will offer a mix of 1-, 2-, and 3-bedroom apartments with long-term deed restrictions that keep the homes affordable for at least 40 years.

Lukas Kulikauskas, Tom Young, Scott Lyons and Thomas Pyle – Domus Construction

Construction is slated to finish by late 2026, with plans including 44 parking spaces and a new on-site play area.

Liquitta Robinson andBianca Waliddin, is *Executive Director of Liberty Housing Development Corporation*

Financing includes federal Low-Income Housing Tax Credits; Odin says Sepviva Lofts is Philadelphia’s first 9% LIHTC construction closing of 2025, utilizing the Pennsylvania Housing Finance Agency’s 2024 allocation.

Ryan Sanders, Manager, Union II Operations and Rachael Pritzker, Esq.

The Sepviva Lofts project is transforming a long-vacant industrial parcel that once housed Penn Galvanizing into a vibrant new residential community.

Klissa Thomas, Advocate for Youth and Families and Jasmine Sessoms

This marks Odin’s first ground-up affordable development, a significant milestone for a company that has primarily focused on adaptive reuse projects like Collins Lofts and East Tioga Lofts.

Ed Hillis, **Founder & President** of DOMUS, Michael Johns, *public architect with the Philadelphia Housing Authority* and Anne Fadullon, *Senior Advisor at Spring Garden Capital Advisors* and as the Founder and Principal Partner of MAKE Advisory Services, LLC.

Sepviva Lofts also fits into Odin’s broader pipeline of roughly 250 affordable units planned across Philadelphia and Atlantic City, signaling a deeper commitment to creating sustainable, community-focused housing options in neighborhoods where investment and opportunity are needed most.