July 1, 2017
The Uptown neighborhood of Pittsburgh, Pa., is home to the Uptown Lofts on Fifth, supporting low-income housing serving young adults who have recently left the foster care system and are homeless, as well as families at or below 60 percent of the area median income. The supportive housing for young adults represents the first program of its kind in Pennsylvania and only one of a few such programs in the U.S. The total development cost for the project was approximately $12 million, financed in part by an Affordable Housing Program (AHP) grant of $250,000 through FHLBank member Northwest Bank.