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Mortgage & Rehabilitation
Programs
The Urban Redevelopment Authority
of Pittsburgh offers numerous programs that promote homeownership
and home rehabilitation in city neighborhoods like West End.
Pittsburgh Home Ownership Program
(PHOP)
PHOP provides low-interest first mortgage loans to qualified first-time home
buyers.
Housing Recovery Program (HRP)
A mortgage/rehabilitation program,
HRP helps home buyers and homeowners purchase or refinance and
rehabilitate homes that are at least 20 years old and in need
of substantial repair.
Housing Recovery Program for Developers
(HRPD)
HRPD provides commitments to
nonprofit and for-profit developers for set-asides of permanent
financing for the substantial rehabilitation of substandard or
vacant housing.
Neighborhood Housing Program (NHP)
NHP stimulates new construction
of single-family housing for low- and moderate-income home buyers
in targeted city neighborhoods.
Home Improvement Loan Program (HILP)
HILP offers low-interest home
remodeling loans to eligible homeowners.
Pittsburgh Home Rehabilitation Program
(PHRP)
PHRP provides the lowest loan
rate available to low-income homeowners for home repair.
Homeowners' Emergency Loan Program
(HELP)
HELP's zero percent loans enable
low-income homeowners to repair major defects considered health
and safety hazards.
Pittsburgh Party Wall Program (PPWP)
PPWP provides assistance to
qualified homeowners for the reconstruction of exposed party
walls on residential row structures.
For more information on these programs, contact the Urban Redevelopment Authority
directly at 412-255-6600 or www.ura.org. |
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