Friday, May 23, 2008

Hill District housing development gets $1.3 million in tax credits - Pittsburgh Tribune-Review

Hill District housing development gets $1.3 million in tax credits - Pittsburgh Tribune-Review The Pennsylvania Housing and Finance Agency has awarded $1.3 million in tax credits to the Oak Hill mixed-income housing development in the Hill District, Mayor Luke Ravenstahl said Thursday.

The credits will be put toward the construction of the Wadsworth Hall activity and office center, which is part of the latest $90 million development phase.

Boston-based developer Beacon/Corcoran Jennison will start construction on Wadsworth this fall. The developer will begin working on 40 homes for low-income residents and 50 homes that will be sold at market rate. When Oak Hill is finished, it will have 450 new homes, parks, office and retail space.
Humm. This story is short on details. Meanwhile, the Oak Hill saga hasn't been brief.
Residents Demand Immediate Action In Repairing The Hill District
WPXI.com - Pittsburgh,PA,USA
Representatives from Mayor Luke Ravenstahl’s office toured the problematic areas. Many residents said their continuous requests to repair street curbs, ...

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