Pittsburgh foundation offers another $11.2 million to assist affordable housing programs – Post Gazette

The newest round of grants will support the preservation of current affordable housing as well as the development of new units.

The Henry L. Hillman Foundation recently announced $11.2 million in grant funding for affordable housing initiatives. The new grant funding will support existing programs and services at 10 different organizations that provide low-interest loans, mission-driven housing development, homebuyer education classes and more.

“In Allegheny County, sale prices for homes over the past five years have exceeded inflation and rents have increased by 20% in Pittsburgh over the past year,” said foundation president David K. Roger in a statement.

Source: Pittsburgh foundation offers another $11.2 million to assist affordable housing programs

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