Renewing Communities; Building Pride.
Jeanette Street in Wilkinsburg features single-family houses and apartment buildings restored by PHLF in the Hamnett Place neighborhood, a National Register-listed Historic District, on the eastern edge of Pittsburgh.
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Lending For Historic Preservation
As the lending arm of PHLF, Landmarks Community Capital Corporation (LCCC)—a non-profit subsidiary— advances the cause of preservation by extending loans to projects that facilitate restoration activities in historic neighborhoods throughout the Pittsburgh region.
Among the projects we have so far financed in 2019 is a $300,000 loan to Amy Manko of Washington, Pennsylvania, to enable her to purchase a three-story Queen Anne-style house, which she will convert into a five-room bed and breakfast known as the Shepherd’s Inn. The 6,600-square-foot house, which has 15 rooms, 16 gas fireplaces, a Victorian pump organ, and two large turrets is located at 405 East Maiden Street in Washington. Built in 1889, it was once the house of a former president of Washington & Jefferson College.
Because of the architectural significance of this building, we are pleased to announce that Ms. Manko has also donated a preservation easement to PHLF.
Certified by the United States Department of the Treasury as a Community Development Financial Institution (CDFI), LCC makes sixty percent of its loans in low-to moderate-income neighborhoods to either for-profit or non-profit developers.
Contact Senior Loan Officer, Rob Wagner (email@example.com or 412-471-5808, ext. 538) for more information or if you wish to discuss your project or to apply for a loan.