In 2015-2016, the City of Pittsburgh assembled an Affordable Housing Task Force to better understand the affordable housing needs across the City. The Task Force recommended the City establish a Housing Trust Fund, and as a response to the need for affordable housing, the Housing Opportunity Fund (HOF) was created.
HOF is overseen by an Advisory Board and a Governing Board. The HOF Advisory board is composed of 17 Pittsburgh residents with varying occupations and socioeconomic backgrounds, and the URA acts as the Governing Board for HOF.
The City of Pittsburgh is committing $10 million per year for the next 12 years to address the affordable housing crisis. The following programs were approved by the Advisory Board, URA Board of Directors, and City Council for the 2018 funding year:
- Rental Gap Program
- Homeowner Assistance Program
- Down Payment and Closing Cost Assistance Program
- Housing Stabilization Program
- For-Sale Development Program
Advisory Board Meetings are held the first Thursday of every month at 9:00 a.m. in City Council Chambers and are open to the public.
If you have any comments, questions or concerns regarding the Housing Opportunity Fund, please email email@example.com.
Meeting minutes and agendas can be found below.