Charlie Adams, regional vice president for Philadelphia-based Pennrose LLC, a partner in the housing redevelopment, said Tuesday he does not expect the COVID-19 pandemic to delay leasing. The construction schedule has not been impacted, Adams said. The initial stage, costing $28 million, is backed by a combination of state funds, a federal home loan grant, tax credit equity and first mortgage financing. The state has also contributed $9 million for demolition and resident moving expenses. A third phase, priced at $22 million, could break ground in the fall. All together, the development is expected to have about 400 housing units, costing a total of about $150 million.