Pittsburgh City Council has approved a $10 million budget for a trust fund supporting affordable housing programs in the city. The amount of money provided to the Housing Opportunity Fund in 2024 could be adjusted in the coming weeks as City Council finalizes the city’s budget, Councilman Bruce Kraus, D-South
Pittsburgh’s Urban Redevelopment Authority has approved a $10 million spending plan for the city’s trust fund supporting affordable housing. The Housing Opportunity Fund budget for next year, which now awaits City Council approval, includes $2 million for the URA’s Rental Gap Program. The program provides loans to nonprofit developers to
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
Pittsburgh’s Urban Redevelopment Authority is seeking public input on a $10 million spending plan for its Housing Opportunity Plan. The proposed spending plan for the Housing Opportunity Fund, the city’s trust fund supporting affordable housing, includes $2 million for the URA’s Rental Gap Program. That program provides loans to nonprofit