MAYOR PEDUTO, HACP & DEVELOPMENT PARTNERS TO OPEN PHASE I LARIMER/ EAST LIBERTY HOUSING

WASHINGTON, D.C. – October 13, 2016 – (RealEstateRama) — The City of Pittsburgh, Housing Authority of the City of Pittsburgh (HACP), co-developer McCormick Baron Salazar and their development partners are very pleased to announce the completion of Phase I housing at the ongoing Choice Neighborhoods Initiative redevelopment currently in progress in the Pittsburgh neighborhoods of Larimer and East Liberty. The milestone will be celebrated during a ribbon-cutting ceremony on Oct. 13, 2016, 11 a.m., adjacent to 185 Larimer Ave., Pittsburgh (near the intersection of Larimer Avenue & East Liberty Boulevard).

“This is the first significant housing development to occur in Larimer in generations,” said Mayor William Peduto. “Now, thanks to the hard work of community groups and residents of Larimer and a wide range of development partners, we are set to unveil our City’s newest, most innovative, affordable housing development. This initiative will not only help to bolster the supply of affordable housing in the East End; it will generate roughly $400 million in economic investment and help ensure that the community of Larimer is included in the growth underway in the surrounding neighborhoods.”

Launched in summer 2014 following the receipt of a $30 million federal grant, the Choice Neighborhoods Initiative employs a comprehensive strategy that addresses the major foundations for a healthy community: Housing, Neighborhood and People. Through this strategy, the development team is addressing issues such as quality mixed-income housing, infrastructure, recreational space, health and wellness, education, public safety, business and commerce and community capacity building. Key to the plan is the stipulation of a one-for-one replacement of all public and/or assisted dwelling units of Hamilton-Larimer and East Liberty Gardens, in the targeted neighborhood which will ensure that the neighborhood does not see any reduction in the supply of affordable housing.

Development activity will produce 334 units of mixed-income housing, ranging from unrestricted market rate units to low-income affordable units.

HACP Executive Director Caster D. Binion said “the Choice Neighborhood plan is a truly comprehensive neighborhood revitalization effort. It will provide an infusion of sorely needed affordable housing and it will also address the community’s social needs. The finished product will be a fully rebuilt, fully revitalized Larimer.”

The plan includes a variety of neighborhood improvement initiatives managed by the Urban Redevelopment Authority (URA) designed to improve quality of life for the entire neighborhood. These efforts include the planning for a new multi-purpose community park on Larimer Avenue and a green infrastructure/ storm water management system. Additionally, the URA is providing aid to eligible Larimer homeowners who want to make exterior improvements to their homes through the Choice Neighborhood Homeowner Assistance Program.

As construction and redevelopment efforts advance, HACP’s partners have been actively engaged with residents of both Hamilton-Larimer and East Liberty Gardens, providing a host of case management and supportive services programs designed to assist residents through the transition process. These programs include educational activities for children and youth, as well as employment assistance, human services and wellness programs for adults. Now two years into implementation, these efforts have begun to produce tangible results. For example, the average income of HUD-assisted households has increased by 24 percent; and, the percentage of 0 to 5 year-old children enrolled in early childhood education programs has increased by 36 percent.

Larimer/ East Liberty Phase I includes 85 residential units which are affordable to households with a range of incomes. Project Based Housing Choice Voucher subsidies will be available for one-third of the units, one-third of the units will be affordable to households earning 60 percent or less of the Area Median Income (AMI) and one-third will be market rate units which are unrestricted by income. Thirteen units will be fully accessible. The total development cost for the planned 334-unit development, including replacement of old public infrastructure and installation of new public streets and innovative green infrastructure, is approximately $130 million. The effort will transform the Larimer/ East Liberty Choice Neighborhood mixed-income housing community into one of the greenest and highest quality affordable housing developments in the City of Pittsburgh.

For additional information, please contact Michelle Sandidge, Chief Community Affairs Officer, at 412-456-5058 or .