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HOF advisory board adopts Demo Dollars rollout plan, allocates $350,000 for emergency requests and sets regular review cadence
Summary
The HOF advisory board agreed to launch a Demo Dollars emergency application immediately (using 2024 funds totalling $350,000), hold innovation funding ($300,000) when the 2025 allocation arrives, and create a third‑Tuesday monthly 30‑minute review slot for timely emergency review; URA will prepare scoring criteria for innovation rounds.
The Housing Opportunity Fund advisory board on March 4 agreed on guidelines and a rollout plan for “Demo Dollars,” a new HOF program to fund innovative housing pilot concepts and urgent or emergency housing needs.
URA staff described Demo Dollars as grant funding intended to "maximize housing stability and increase affordable housing supply in the city of Pittsburgh by funding imaginative and new housing solutions that cannot be funded by existing URA programs, and that respond to housing emergencies quickly," and said the program will be open to nonprofit agencies and to for-profit developers partnering with nonprofits.
The advisory board set an initial allocation strategy: use the available 2024 HOF balance (approximately $350,000) for the emergency/urgent bucket and reserve a future 2025 allocation (about $300,000, to be confirmed when received) for innovation and pilot projects. Board members agreed that if pilot funds go unspent they could…
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