Translate
IN THE WORKS
CASTLEGATE GREEN
Development of Affordable Housing and Public Housing in Mt. Lebanon, Allegheny County, Pennsylvania
HAWKINS VILLAGE
Development and Redevelopment of Affordable Housing and Public Housing in Rankin Borough, Allegheny County, Pennsylvania - Hawkins Village
The Allegheny County Housing Authority (ACHA) received proposals from qualified real estate developers in August 2019. Pennrose Properties, LLC was selected by a panel of evaluators to begin the process and all necessary services. ACHA will submit a 2019-2020 Low-Income Housing Tax Credit Application Submission for the November 15, 2019 Deadline to acquire funding for redevelopment. Hawkins Village Redevelopment is Two-Phase Project will be submitted for consideration.
Demolition of entire site - reducing density - create more green space - larger private yards - new street connections
DEVELOPMENT TEAM
Developers: Allegheny County Housing Authority & Pennrose Properties, LLC
Contractor: Mistick Construction Company
Architect: LGA Partners
PHASE 1 - PROJECT LAYOUT
53 Dwelling Units
6 - One Bedroom Units
33 Two Bedroom Units
12 Three Bedroom Units
2 Four Bedroom Units
ESTIMATED DEVELOPMENT COSTS
$16,800,000
FUNDING SOURCES
Low Income Housing Tax Credit Equity
Allegheny County Housing Authority Capital Fund
Allegheny County Economic Development Funds
PHFA - Housing Funds
TIMELINE
Application Submission - November 15, 2019
Award of Tax Credits - June/July 2020
Closing - December 2020
Construction Start - March 2021
Construction Completion - September 2022
Leasing - October 2022
PHASE 2 - PROJECT LAYOUT
49 Dwelling Units
5 - One Bedroom Units
30 Two Bedroom Units
12 Three Bedroom Units
2 Four Bedroom Units
ESTIMATED DEVELOPMENT COSTS
TBD
FUNDING SOURCES
Low Income Housing Tax Credit Equity
Allegheny County Housing Authority Capital Fund
Allegheny County Economic Development Funds
PHFA - Housing Funds
TIMELINE
Application Submission - November 15, 2020
Award of Tax Credits - June/July 2021
Closing - December 2021
Construction Start - March 2022
Construction Completion - September 2023
Leasing - October 2023
Site Plan Concept of Hawkins Village, Rankin, Pennsylvania:
January 2020 - Hawkins Village Site Development Rendering
June 2020 - Hawkins Village Site Development Rendering
