$16M Senior Housing Community Opens in Pittsburgh
The 66-unit Hillcrest Residences, which was developed by The Community Builders is located in the Carrick neighborhood.
By Beata Lorincz
Mayor William Peduto at the Hillcrest Residences grand opening ceremony
Hillcrest Residences, a 66-unit senior housing community located in Pittsburg has opened its doors to new residents. Mayor William Peduto and Councilwoman Natalia Rudiak attended the grand opening of Hillcrest Residences.
Developed by The Community Builders (TCB), the project cost $15.8 million to be built. Financing was provided by TCB’s HUD Neighborhood Stabilization Program, tax credits from Pennsylvania Housing Finance Agency, the Federal Home Loan Bank of Atlanta through its member bank, Self-Help Ventures Fund, and Citizens Bank via a syndication fund managed by Stratford Capital Group.
The property, which includes eight fully disabled-accessible apartments, is Passive House Institute US certified. The community’s energy-saving features include a highly insulated exterior, Energy Star rated appliances, high-performance doors and triple-paned windows.
Hillcrest Residences features:
- community room with library
- garden
- business center
- fitness room
- outdoor terrace
- private room for health services
- laundry rooms
- 36 parking spaces
Partnerships with local organizations
Residents will have access to supportive services through partnerships with local organizations such as the American Health Care Group, the Greater Pittsburgh Community Food Bank and the UPMC Stroke Institute. The list of services includes one-on-one assessments, personal care support and crisis intervention. Additionally, the University of Pittsburgh School of Nursing will offer quarterly health screenings, monthly healthy eating tips and fall prevention workshops.
“This project is catalytic for the Carrick neighborhood. It is the first multi-million dollar investment right on the main street in decades,” said Councilwoman Rudiak, in a prepared statement. “We are grateful for the city’s strong partnership with The Community Builders Inc. to provide much needed housing options and preserve the multigenerational fabric of South Pittsburgh.”
The Urban Redevelopment Authority board approved funding for the construction of Hillcrest Senior Residences in January 2016.
Image courtesy of The Community Builders
