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 financed in 2017 was a $300,000 loan to Oakglade Realty, a real estate management and investment firm serving Pittsburgh’s North Side. Our loan helped to fund the revocation of six low- to moderate-income single-family rental homes in the Perry Hilltop/Observatory Hill areas. 1226 Woodland Avenue in the Marshall-Shadeland neighborhood is one of the six properties restored and improved through lending by Landmarks Community Capital.
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 (firstname.lastname@example.org or 412-471-5808, ext. 538) for more information or if you wish to discuss your project or to apply for a loan.