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HOF board authorizes $255,735 grant to Hilltop Alliance to rehab four homes for resale
Summary
The Housing Opportunity Fund advisory board voted to authorize a grant of up to $255,735 to Hilltop Alliance to rehabilitate four scattered-site homes in Allentown and Knoxville for sale to households at or below 80% AMI; one board member abstained.
The Housing Opportunity Fund (HOF) advisory board on March 4 authorized the Urban Redevelopment Authority (URA) to enter a for-sale development grant agreement with Hilltop Alliance in an amount not to exceed $255,735 to rehabilitate four scattered-site single-family homes in the Allentown and Knoxville neighborhoods of Pittsburgh.
The grant will support rehabilitation of one two‑bedroom and three three‑bedroom homes owned by Hilltop Alliance; one property was acquired from the Land Bank in February. Jared Clayton, a residential lending analyst at the URA, told the board construction is planned to begin in April 2025 with completion…
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