Multifamily news in Affordable Housing - Pittsburgh

  • PA Retirement Community Completes Affordable Expansion

    The $10 million project added 48 rental units for residents 62 and over to the existing Windy Hill Village, which houses 179 people.

  • Beacon Communities Buys NDC, $250M Portfolio

    The residential development company now owns National Development Corp. and its 59 properties, most of which are affordable communities. The portfolio is valued at more than $250 million and expands Beacon’s portfolio to 14 states.

  • PNC Bank Closes $100M Affordable Housing Fund

    The new fund will be used to preserve affordable “at risk” rental properties for families and seniors nationwide.

  • Affordable Senior Housing Coming to Pittsburgh

    The Urban Redevelopment Authority board voted to approve funding for a new affordable senior housing project, Hillcrest Senior Residences.

  • New Mixed-Use Neighborhood Development Coming to Pittsburgh’s Hill District

    The city's Urban Redevelopment Authority has approved a $16 million residential and retail development for the historic New Granada Theater Block in the Hill District. The Residences at New Granada Square is a project that involves the construction of a mixed-income, mixed-use building on a vacant site between Wylie and Centre Avenues. The U-shaped structure will offer 16 two-bedroom apartments and 35 one-bedroom units. Out of a total of 51 apartments, 42 units will be affordable to households with incomes at or below 60 percent of area median income; the rest will be rented at market rate. Plans also call for 7,200 square feet of retail space, approximately 25 on-site parking spots and a courtyard.