Frankel announces up to $1.67 million in funding for Riverview Towers rehab
PITTSBURGH, April 19 – House Democratic Caucus Chairman Dan Frankel, D-Allegheny, has announced the awarding of up to $1.67 million in tax credits for the rehabilitation of the Riverview Towers senior housing complex, 52 Garetta St.
"I was proud to support funding for this very worthwhile project. Riverview Towers provides affordable housing and dinner every day to seniors and enables them to age with dignity," Frankel said.
The Low Income Housing Tax Credits, awarded through the Pennsylvania Housing Finance Agency, will help fund the rehabilitation of the two nine-story buildings, which have a total of 191 units for people 62 or older. They include 42 fully accessible units; 99 units with Section 8 project-based assistance. The buildings have four elevators and include 76 efficiency, 108 one-bedroom, and seven two-bedroom units.