Affordable housing plans receive boost from federal tax credits

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Nearly $2.7 million in federal tax credits will go toward the construction of affordable housing projects in Allegheny County, Executive Rich Fitzgerald announced today.

"The need for affordable housing has grown throughout our region, even as units have disappeared," Mr. Fitzgerald said in a statement.

The tax credits, which were approved by the Pennsylvania Housing Finance Authority as part of $20.4 million in federal tax credits for 24 different developments in the state, will support three projects in Allegheny County.

They are:

* Heidelberg Apartments in Heidelberg, which is being developed by ACTION Housing Inc. and the Autism Housing Development Corp. of Pittsburgh as a 42-unit rental apartment community, with half the units reserved for people on the autism spectrum.

* Falconhurst Neighborhood Restoration in Wilkinsburg, which is being developed by Pittsburgh History & Landmarks Foundation as a restoration of historic buildings in the Hamnett Place neighborhood for low- to moderate-income tenants. It will have 10 one-bedroom apartments, 16 two-bedroom apartments and seven three-bedroom apartments, plus a community room, computer site, laundry room and storage area.

* Serenity Ridge in Plum, which is being developed by S & A Homes, will have 62 townhouse units for seniors.

Kaitlynn Riely: kriely@post-gazette.com.


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