Pittsburgh Awarded Record Number of Low-Income Tax Credits, Bringing More Affordable Housing to the City
Press Release
August 13, 2020
PITTSBURGH, PA (August 13, 2020) Governor Tom Wolf and the Pennsylvania Finance Housing Agency board today announced that six affordable housing developments in the City of Pittsburgh will be receiving tax credits this year, which is a record-high for the city.
The agency is increasing the number of 9% Low-Income Housing Tax Credit Program (LIHTC) allocations for developers constructing affordable housing, following Mayor William Peduto making an increase in such tax credits his top priority in Harrisburg.
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