Abney praises nearly $7.5 million in PHFA grants
PITTSBURGH, Oct. 13 – Rep. Aerion A. Abney, D-Allegheny, announced today that five local projects have been awarded nearly $7.5 million in PA Housing Finance Agency grants.
The grant recipients are:
- Allegheny YMCA Renovation ~ $2.2 million for the preservation of 88 affordable housing units.
- Hazelwood 2023 ~ $540,000 for the preservation of nine affordable housing units.
- Hazelwood Affordable Rental Preservation Program ~ $1.86 million for the preservation of 61 affordable housing units.
- The Residences at Wood Street/Wood Street Commons Investment Project ~ $2 million for the preservation of 250 affordable housing units.
- Widows Home ~ $825,000 for the preservation of 24 affordable housing units.
“Ensuring that everyone has safe place to call home and decreasing displacement are two of my highest priorities as a state legislator,” Abney said. “The social worker in me knows that these dollars will provide immeasurable help to the people and communities I’m privileged to represent.”
These PHFA monies are classified as Housing Options Program grants and can be utilized to repair existing housing units or to construct new housing units. Additionally, they are intended to fund housing that has not already received Low Income Housing Tax Credit funding or does not anticipate receiving LIHTC funding during the next four years.
A list of all Commonwealth PHFA HOP-MF grants awarded this year can be found here.