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2004 Press Releases

ATTENTION: EDITORS / ASSIGNMENT EDITORS

Contact: Neil Cotiaux, 412-288-2851; cell: 330-703-0753;
Neil.cotiaux@fhlb-pgh.com

REP. CAPITO, FEDERAL HOME LOAN BANK TO AWARD HOUSING GRANTS; PROJECTS IN CHARLESTON, ST. ALBANS WILL ASSIST THE CHRONICALLY HOMELESS

CHARLESTON, WV, October 12, 2004 — U.S. Rep. Shelley Moore Capito (WV-2) and the Federal Home Loan Bank of Pittsburgh (FHLBank) will hold a news conference Monday, October 18, at 2 p.m. to announce funding for two new housing projects for homeless individuals in Kanawha and Putnam counties.

The news conference will be held at the Twin Cities Center, 100 MacCorkle Avenue, St. Albans, site of an expanding housing program for the region's chronically homeless. The FHLBank's Affordable Housing Program (AHP) grants to be awarded will help complete construction of the Twin Cities Center as well as new and rehabilitated housing at the Assaley Place Apartments in Charleston's East End. At least 370 homeless clients a year will be served by the two projects.

In addition, a grant to help fund new single-family homes to be built by Almost Heaven Habitat for Humanity will also be awarded. Habitat volunteers will build the new homes in Pendleton County, helping to make homeownership a reality for very-low- to moderate-income families.

AHP grants are awarded each year in support of affordable housing and overall community development across West Virginia, Pennsylvania and Delaware.

Rep. Capito and William G. Batz, executive vice president and chief operating officer of the FHLBank, will make remarks prior to the presentation of checks to Roark-Sullivan Lifeway Center of Charleston (Twin Cities Center); Housing Development Corporation of Huntington (Assaley Place Apartments); and Almost Heaven Habitat for Humanity. Representatives of these three sponsoring organizations, other community groups, Huntington Federal Savings Bank, Pendleton County Bank, United Bank, Rep. Capito's office and the FHLBank will participate in the presentations. Project details will be available on site the day of the event, and participants will be available for interviews.

Editors: For comment from Rep. Capito, contact R.C. Hammond, press secretary, at 202-225-2711. For additional information from the FHLBank, call Neil Cotiaux, Communications, at 412-288-2851 (office) or 330-703-0753 (cell).

Directions to Event

From downtown Charleston: Take the I-64 West/US 119 South exit toward Huntington. Go 8.8 miles. Take the WV 25 exit toward Institute, exit 50, go 0.3 mile. Continue toward Nitro, go 0.1 mile. Continue on Fairlawn Avenue, go 0.6 mile. Continue on 1st Avenue South, go 2.7 miles. Turn left on Center Street, go 0.1 mile. Continue on Henderson Memorial Bridge, go 0.4 mile. Turn right on MacCorkle Avenue, go 0.2 mile. Arrive at Twin Cities Center, 100 MacCorkle Avenue, St. Albans.

From Huntington and points west: Take I-64 East toward Charleston. Take US 35, exit 44, toward St. Albans. Turn right onto US 35 South. Turn left onto US 60/MacCorkle Avenue. End at Twin Cities Center, 100 MacCorkle Avenue, St. Albans.