Get To Know Lancaster, Pennsylvania
Lancaster County is magnificent! On the other hand, the city of Lancaster itself is booming and should be on your radar!
Lancaster County has been mentioned in a 2019 survey appearing in US News as #1 place to retire in the nation and is considered as one of the “Top 50” as the best place to live in the country, an amazing accomplishment (source: US News and World Report).
Lancaster was also recognized in 2018 by Forbes.com as “one of the 10 coolest cities to visit”. What is driving these rankings? Lancaster gets great marks for the number of new and refurbished housing developments and the upcoming Rebmans Affordable Housing Project, located at 800 South Queen Street, will provide some much-needed affordable housing.
Lancaster’s healthcare resources are world-class and offered primarily by the University of Pennsylvania health care system along with UPMC, WellSpan and others. Other
factors considered to determine scoring were things like happiness, desirability, retiree taxes, and the job market in the local area.'
The city's primary industries include healthcare, manufacturing, tourism and public administration and according to the United States Federal Reserve, Lancaster unemployment rate is 3.4% as of December of 2019.
Lancaster median income has grown 12% over the last 4 years proving the area has a strong economy.
While Lancaster City is doing extremely well, there is a huge need for affordable housing. Our project not just helps to fill that gap,but it also provides a high-quality return for investors.
Remember the economic crisis in 2008, where the mortgage market collapsed, companies closed, people lost jobs and houses, retirement plans values went downhill? The above happened to many cities in the USA, affecting the many states across the nation. However, Lancaster survived. That tells us something about this small county consisting of a population totaling 543,557 people as of 2018.
The job market is booming and there are more jobs available than ever before. Many commercial businesses are arriving, starting or expanding, creating hundreds of better-paying jobs and, attracting and encouraging working families to move to Lancaster which will improve the availability of affordable housing.
Our project will be the first new construction of its kind in 50 years in Lancaster City, bringing 72 affordable apartments for working families and 14,684 sq. ft. of commercial space to our community.
Our city believes in innovation, welcomes diversity, loves inclusion, and reports a relatively low crime rate.
Lancaster also has over 770 non-profit organizations supporting community needs (source: guidestar.org). These non-profits are not just on paper, they actually care and are always doing great things for its constituents.
Lancaster is a charming place to live, invest and enjoy life with peace of mind. The restaurant scene is buzzing with many different choices from upscale eateries to informal dining. It has also become very artsy and cultural, plus it is great for all ages but especially for families with kids and retirees.
It’s very close to major cities such as New York (less than 3 hours away by train or car), New Jersey, Maryland, Delaware (all-around 2 hours away) and around 6 hours to get to Niagara Falls in Canada or Virginia Beach.
If you have not visited this Dutch side of the hemisphere, don’t wait too long and come. Lancaster is a city with a rich and intriguing heritage that dates back to colonial times.
Once America’s largest inland city and the Capital of the United States for one day! Visit our exquisite food, creative art, experiences and activities for all ages, tastes and more. Enjoy the many things to see and do in Lancaster City and understand why we are focused on supporting our city’s working families.
How to Invest
Investors may subscribe for shares in the OZFund by requesting a copy of the Private Placement Memorandum (PPM) and a Subscription Agreement from the OZFund.
The Subscription Agreement should be electronically signed.
The Subscription Agreement will contain information concerning the investor's status as an Accredited Investor under Regulation D of the 1933 Securities Act.