# Standard Communities targets Philly affordable housing

> Standard Communities buys $29.3m Philly housing complex for community focus.
- Title: Standard Communities targets Philly affordable housing
- Summary: Standard Communities buys $29.3m Philly housing complex for community focus. Standard Communities acquires The Helston in Philadelphia for $29.3 million to…
- Keywords: standard communities, philadelphia, affordable housing, helston, wynnefield heights, community reinvestment act, real estate, business, Standard, Communities, targets, Philly
- Source: The Real Deal — https://therealdeal.com/national/philadelphia/2026/10/30/standard-communities-comes-for-philly-affordable-housing
- Author: Holden Walter-Warner
- Published: 2026-10-30T18:32:54+00:00
- Read time: 1 min
- Topics: standard communities, philadelphia, affordable housing, helston, wynnefield heights, community reinvestment act, real estate, business
## Standard Communities acquires The Helston
Standard Communities buys The Helston in Philadelphia's Wynnefield Heights neighborhood for $29.3 million.
## First investment in Philly metro
Standard Communities makes its first Philadelphia metro investment through its Community Reinvestment Act fund.
## Housing complex details
The Helston has 186 units, mostly for those earning less than 80% of area median income.
## Key takeaway

Standard Communities acquires The Helston in Philadelphia for $29.3 million to fund affordable housing in the area.