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Crescent Apartments Receives Financing From State

by Michael Sriprasert
August 5, 2009

Crescent Apartments Conceptual RenderingThe Pennsylvania Housing Finance Agency recently awarded PHLF tax credits for the Crescent Apartments project, a 27-unit restoration development of two historic structures in the Hamnett Place neighborhood of Wilkinsburg.

This $9 million dollar project will be the largest to date in Wilkinsburg, and will have a transformative effect on Hamnett Place, which is soon to be listed on the National Register of Historic Places.

The Crescent and Wilson House will have a community room, a computer facility, and all units will be hard wired for high speed internet. Social services will be provided by Hosanna House both on and off-site.

The Crescent Apartments is adjacent to the Housing Resource Center (HRC) and the housing restoration work ongoing in the area, all of which are PHLF initiatives. It will also contain a field office for LCCC.

The HRC and housing restoration, in addition to the Crescent, will bring PHLF’s investment to over $11 million dollars in Wilkinsburg. Sota Construction is the general contractor of the Crescent project, Landmarks Design Associates is the architect, and NDC Real Estate Management is the management agent.

Pittsburgh History & Landmarks Foundation

100 West Station Square Drive, Suite 450

Pittsburgh, PA 15219

Phone: 412-471-5808  |  Fax: 412-471-1633