1-12-18

2C — January 12 - 25, 2018 — Pennsylvania — M id A tlantic

Real Estate Journal

www.marejournal.com

P ennsylvania

$15.8Mdevelopment brings mixed-income housing & community space to Pittsburgh seniors The Community Builders celebrate the grand opening of Hillcrest Residences P

high-quality, affordable hous- ing that meets a critical need for seniors in our communi- ties,” said Mayor William Peduto. The community offers eight fully handicapped accessible apartments to promote resi- dents’ ability to age in place. Amenities include a communi- ty roomwith library, a garden, a business center, fitness room, outdoor terrace, private room for health services, laundry rooms and 36 parking spaces. “The Community Builders is thrilled to contribute another chapter to the diverse, expan-

sive, and compelling story of the revitalization of the city of Pittsburgh,” said Rob Fossi , TCB regional vice president of development, Mid-Atlantic. “With the help of our many talented and dedicated part- ners, seniors of all incomes can now enjoy new energy-efficient apartments with ready access to amenities right here in Car- rick.” " The Urban Redevelop- ment Authority of Pitts- burgh (URA) congratulates The Community Builders on the completion of this high- quality, sustainable afford- able housing development and thanks them for their continued commitment to the revitalization of Pittsburgh's neighborhoods,” said URA director of housing TomCum- mings . “ The Pennsylvania Hous- ing Finance Agency (PHFA) is pleased to have helped fund the construction of these senior apartments, which not only are attractive and comfortable but are being built to be extremely energy efficient,” said PHFA executive director and CEO Brian Hudson Sr. “Lower heating and cooling costs will help keep these units afford- able for the residents for years to come.” Hillcrest is Passive House Institute US (PHIUS) certi- fied. PHIUS’ goal is net zero energy use, even net positive, in the US building industry, along with promoting high indoor air quality. Hillcrest’s energy-saving features include a highly and continuously insulated exterior, Energy Star rated appliances, and high-performance doors and triple-paned windows. Additionally, residents will have easy access to local tran- sit, health care, shopping, libraries and other services. "This project is catalytic for the Carrick neighborhood. It is the first multi-million dollar investment right on the main street in decades. Hillcrest enables seniors to remain independent and stay in their neighborhood, near family, friends, and the businesses they have patronized all their lives,” said Councilwoman Rudiak. “We are grateful for the city's strong partnership with The Community Builders, Inc to provide much needed housing options and preserve the multigenerational fabric of South Pittsburgh." n

I TTSBURGH , PA — The Community Builders, Inc. (TCB) , a nonprofit developer of mixed- income housing joined with Mayor William Peduto, Coun- cilwoman Natalia Rudiak, a host of public officials and com- munity members to celebrate the grand opening of Hillcrest Residences. The new develop- ment brings 66 senior apart- ment homes to Pittsburgh’s Carrick neighborhood. “The City of Pittsburgh is working to ensure that Pitts- burgh is livable and equitable for all. Today, we celebrate

Pittsburgh Mayor William Peduto gives his remarks at the Hillcrest Residences grand opening ceremony Tuesday, Dec. 12.

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