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 2018 was a $100,000 loan to complete exterior building renovations to the C.C. Mellor Memorial Library in Edgewood. The renovations include roof and parapet repairs, and installation of an air conditioning unit of the library, which is a part of the Carnegie Library system. The c. 1914 building serves the Edgewood, Forest Hills, Braddock Hills, Churchill, and Wilkins Township communities. The library sees 3,500 adults and 6,000 children in its building each year and another 4,000 in programs at local schools.
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.