Pittsburgh’s Housing Opportunity Fund advisory board on Thursday voted to support a proposed $10 million spending plan, though members acknowledged there’s more need than the money can address. “It’s infinite need and limited funding,” board member Adrienne Walnoha said ahead of the board’s vote Thursday. The proposed spending plan for
Katie Blackley / 90.5 WESA
The advisory board of Pittsburgh’s Housing Opportunity Fund, or HOF, will soon have to be more selective about what projects they support, and when they do, they want to be sure those investments do the most good.
Pittsburgh City Council approved the Housing Opportunity Fund in 2017, but it took a while to fund it, so the HOF has operated in an environment of relative abundance: in each calendar year it’s had roughly two years of funding to get out the door.
While the Urban Redevelopment Authority had created a scoring sheet to evaluate proposals, advisory board member Mark Masterson said that got put aside.