City Council passed Councilman Daniel Lavelle's legislation that creates a Housing Opportunity Fund for Pittsburgh. The Fund will ensure that every neighborhood in our city receives the investment it needs and that longtime residents are able to share in the “New Pittsburgh.” The Fund will help stop the displacement of low income individuals by keeping housing affordable, and create strong, stable communities where all Pittsburghers can thrive. 

 

Pittsburgh is currently facing a shortage of nearly 17,000 affordable rental units. The lack of affordable housing has become a pressing issue in recent years as new development has driven up the housing prices in neighborhoods long occupied by low and middle income residents. This legislation will address the issue of creating affordable options in the City of Pittsburgh.