PITTSBURGH (NewsRadio KDKA) — Senator Jay Costa announced Thursday that Wilkinsburg and Hazelwood had recently been granted new funding for housing projects.
Costa revealed the $750,000 procurement and cited the "potential" that Wilkinsburg and Hazelwood's neighborhoods possess — new financing will help actualize the upside of those communities.
"These communities have incredible potential just waiting to be unlocked, and today's awards will help rehabilitate and reimagine the real estate landscape while protecting its existing residents," said Senator Costa.
The Wilkinsburg Community Development Corporation will receive $250,000 in funding to "expand and implement its Vacant Property Recovery Initiative," which is an undertaking to improve the value of underused and forgotten plots.
The Hazelwood Initiative will receive the remaining $500,000 to complete Hazelwood Green, a development of 12 "affordable homeownership units" and 19 similar rental units.
Funding for the initiatives was given the green light earlier by the Pennsylvania Housing & Finance Authority for the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) program; the funding itself was diverted to the programs from realty transfer taxes.