Mayor, HACP & Development Team to Announce New Mixed-Income Housing on North Side
Posted on April 24, 2018
The Housing Authority of the City of Pittsburgh (HACP) and its development partners Trek Development Group and Allies and Ross Management and Development Corporation (ARMDC) are pleased to announce the commencement of development activity that will produce 65 units of new mixed-income housing on Pittsburgh’s North Side. The new housing will be built on and surrounding the site of the Allegheny Dwellings public housing community.
Development activities will be formally announced during a ground breaking ceremony held on Wednesday, April 25, 2018, at 10 a.m. on the Sandusky Court site (intersection of Sandusky Court & Henderson Street), which is located on the lower plateau of a multi-terraced hillside in the Fineview neighborhood. HACP and its team will be joined by Mayor William Peduto for the ceremony.
“Right now, there is great synergy between our vision for a revitalized Allegheny Dwellings and the greater North Side community,” said HACP Executive Director Caster D. Binion. “Our development team is working closely with Allegheny Dwellings residents and their neighbors to implement a plan that will replace some of the city’s most obsolete housing stock with high quality affordable housing.”
Phase I activities consist of the remediation and demolition of six barracks-style buildings and the construction of new housing consisting of townhome, walkup, and conventional apartment units. New construction is underway in several locations, including: the lower portion of the current housing site (known as Sandusky Court) and on Federal Street.
Once redeveloped, 58 mixed-income units will occupy the former public housing site. An additional seven units will be developed on Federal Street to produce a total of 65 units in Phase I. 47 of the 65 units being developed will be affordable utilizing project based vouchers; while the remaining 18 units will be unrestricted/market rate.
The property will offer eight fully accessible units for individuals with physical disabilities and four units that will be fully equipped for individuals with hearing and/or vision impairments. The property will contain a mix of residential units (elevator apartment building, walkups and row houses) as well as dedicated spaces for community use.
The preliminary development cost is roughly $24.4 million. Sources include Low-Income Housing Tax Credits and loans from ARMDC ($16.9 million), the Urban Redevelopment Authority ($500,000) and a conventional loan. The financial closing for Phase I activity occurred in December 2017.
Contact: For more information, contact Michelle Sandidge, Chief Community Affairs Officer, at email@example.com or, 412-456-5058.« Older | Newer »