HOF advisory board backs 20‑year affordability for Cliffside Overlook after lender concerns; working group formed to study HOF reauthorization
Jul 8, 2026
The advisory board approved a one-off reduction of the Cliffside Overlook affordability covenant from 40 to 20 years to align the project’s capital stack and preserve financing; the board also voted to form a HOF reauthorization working group to recommend next steps ahead of the fund’s 2029 sunset.
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At its July meeting, the Housing Opportunity Fund Advisory Board voted to authorize reducing the affordability-period requirement for the Cliffside Overlook project from 40 to 20 years. Emily Kern, a URA lending analyst, told the board the project is four new rental units at 1717 and 1719 Cliff Street in the Crawford Roberts neighborhood and that the request responds to underwriting concerns in the capital stack. The developer, Tyan Battle, said she is a Hill District resident and a minority developer and that HUD and the Pittsburgh Housing Authority had approved project-based vouchers tied to the units.
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