Penn Mathilda Apartments

Penn Mathilda apartments provides supportive and affordable housing to veterans and families. Half of the units will be targeted to veterans of the U.S. Armed Services and the remainder of the units will house families and individuals at or below 60 percent of the Area Median Income (AMI).

Background

Action Housing, Inc. acquired a vacant and abandoned site on the edge of the Bloomfield, Garfield, and Friendship neighborhoods in the East End of Pittsburgh. They desired to provide an affordable housing option in this growing-market area.

Development

Construction financing for the development closed in December 2014 and was completed in the Fall of 2016.

Results

The building has 39 affordable residential units and 6,200 square feet of commercial space.

Facts

• Developer: Penn Mathilda Apartments, LP (Action Housing, Inc. as General Partner)
• Community Partner: Bloomfield Garfield Corporation
• Contractor: Repal Construction
• Architect: Moss Architects
• Total Development Cost:$11,650,586
• URA Financing: $1,400,000
• Affordable residential units with ground floor commercial space