in this section

Urban Redevelopment Authority of Pittsburgh
Residential Development Financing

Single Family Residential

Pittsburgh Housing Construction Fund (PHCF)

Construction loan and grant "gap" financing for new construction and/or rehabilitation of for-sale housing.

Neighborhood Housing Program (NHP)

Commitments made to developers to provide deferred mortgages to income eligible purchasers of URA-financed new construction for-sale housing units. NHP loans are designed to cover appraisal gaps and/or to make units more affordable to qualified borrowers.

Hill District

Housing Recovery Program (HRP) for Developers

Commitments made to developers to provide deferred mortgages to income eligible purchasers of URA-financed newly rehabilitated for-sale housing units. HRP loans are designed to cover appraisal gaps and/or to make units more affordable to qualified borrowers.