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Hart Conducts Housing Roundtable, Presents $500,000 in Affordable Housing Program Funding

BRACKENRIDGE BOROUGH, PA, January 26, 2006 — U.S. Rep. Melissa Hart (PA-4), Allegheny County Chief Executive Dan Onorato and officials of the Federal Home Loan Bank of Pittsburgh (FHLBank), Allegheny County Housing Authority and TREK Development Group, Inc. held a Housing Roundtable at the Brackenridge Borough Municipal Building.

Rep. Hart began the community discussion by presenting a $500,000 Affordable Housing Program (AHP) grant from the FHLBank to event co-hosts Allegheny County Housing Authority and TREK Development Group. The half-million dollars will help fund 72 units of high-quality affordable housing within a new three-story building on the site of the former Dayspring Christian Center in Tarentum. All units will serve low- and very-low-income tenants. Fifteen of the units will serve frail elderly residents, eight units will accommodate the physically handicapped, and six units will be dedicated to the hearing- and vision-impaired. TREK plans a sufficient number of units to provide housing to both current Housing Authority residents and the general public. PNC Bank is the FHLBank member providing AHP funds to the project, known as Tarentum Senior Housing Phase II.

Following the check presentation, representatives of Allegheny County Housing Authority and other affordable housing advocates, TREK, Pennsylvania Housing Finance Agency, bankers, builders, REALTORS© and local elected officials joined Rep. Hart at the housing forum, where she provided a status report on affordable housing and economic and community development.