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Affordable Housing
Can a community that has undergone decades of neglect and disinvestment to revitalize without displacing current and long-time residents?
We believe it is for Hazelwood, and our motto of "building a stronger Hazelwood through inclusive community development" reflects a commitment to the goal of development without displacement. Growing the community's stock of affordable housing, assisting Hazelwood renters to become homeowners, and strengthening Hazelwood's existing small businesses are all part of our approach to ensure that community stakeholders do not get priced out of their community, and are positioned to benefit from future development. Click below to learn more about our housing programs:
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Hazelwood Initiative, Inc.
4901 Second Avenue
2nd Floor
Pittsburgh, PA 15207
412-421-7234
Affordable Homeownership Program (AHP)
Hazelwood Affordable Rental Preservation Program (HARPP)
Gladstone Residences
AHP is designed for anyone who is interested in becoming a homeowner in Hazelwood. We will work with you to help you overcome challenges you may face to achieving this milestone. Homeownership is an excellent way to build wealth; in fact, it is often cheaper to pay a mortgage than it is to pay rent. All of the homes we have renovated and sold through our program have resulted in mortgages under $500 a month.
Hazelwood Initiative purchased 63 rental units from the community's largest landlord in an effort to preserve long-term affordable housing.
We will begin renovations on these units around spring 2021 to ensure safe and comfortable living conditions to our tenants.
Hazelwood Initiative has been working for two years to secure ownership of the Gladstone property, as well as the funding necessary, to convert the main building into approximately 50 long-term affordable rental apartments for Hazelwood residents.
In August of 2020, Hazelwood Initiative and its development partner (The Community Builders) secured the PA Low-Income Housing Tax Credits to begin this transformation. The organization is now in the process of finalizing construction plans and looks forward to the first residents moving in around fall 2023.