Stay updated with breaking news from Rental Gap Program. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Pittsburgh City Council has approved a $10 million budget for a trust fund supporting affordable housing programs in the city. The amount of money provided to the Housing Opportunity Fund in 2024 could be adjusted in the coming weeks as City Council finalizes the city’s budget, Councilman Bruce Kraus, D-South
Pittsburgh’s Urban Redevelopment Authority is seeking public input on a $10 million spending plan for its Housing Opportunity Plan. The proposed spending plan for the Housing Opportunity Fund, the city’s trust fund supporting affordable housing, includes $2 million for the URA’s Rental Gap Program. That program provides loans to nonprofit
A developer is looking to revitalize the former Letsche Elementary School in Pittsburgh’s Crawford-Roberts neighborhood into mixed-income housing. The city’s Urban Redevelopment Authority on Thursday authorized a Rental Gap Program loan of about $950,000 to Beacon Communities Services for the project. The board also agreed to sell the developer a
4:10 By most counts Pittsburgh is short some 20,000 units of affordable housing … but there’s not a lot of money to go around. 90.5 WESA’s Margaret J. Krauss reports even standout projects can run the risk of failure. By most counts Pittsburgh is short some 20,000 units of affordable housing, and the number continues to grow. Meeting the need, while always a challenge, seems even more daunting against the backdrop of vast housing insecurity revealed by the ongoing coronavirus pandemic. The city’s Housing Opportunity Fund, or HOF, is often a final stop for affordable housing projects;...