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What A Defunct Steam Plant And A Sinking Road Have To Do With Affordable Housing


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By most counts Pittsburgh is short some 20,000 units of affordable housing … but there’s not a lot of money to go around. 90.5 WESA’s Margaret J. Krauss reports even standout projects can run the risk of failure.
By most counts Pittsburgh is short some 20,000 units of affordable housing, and the number continues to grow. Meeting the need, while always a challenge, seems even more daunting against the backdrop of vast housing insecurity revealed by the ongoing coronavirus pandemic.
The city’s Housing Opportunity Fund, or HOF, is often a final stop for affordable housing projects; through its Rental Gap Program it can make the kind of last-piece-of-the-puzzle loans nonprofit developers need to make their numbers work. Earlier this month, the fund’s advisory board debated such a situation at Flats on Forward, at the corner of Forward and Murray Avenues. ....

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