New Granada Square

New Apartments and Storefronts!

The Hill CDC and CHN Housing Partners have started construction of the New Granada Square Apartments and Retail, which will be a new five-story mixed-use commercial and residential building on the New Granada Square block on Centre Avenue.

The project is a 9% Low Income Housing Tax Credit (LIHTC) development that will provide a total of 40 affordable, artist-preference housing units. All of the units will be affordable for households ranging from 20% of Area Median Income (AMI) to 80% AMI. The first floor will have 4,800 square feet of leasable commercial space fronting Centre Avenue.

The total development cost is $16.2 million. The URA is providing a total of $2,060,000 in loans and grants to support the project. Other partners include Pennsylvania Housing Finance Agency (PHFA),the Housing Authority of the City of Pittsburgh (HACP), and McAuley Ministries.

Watch the digital groundbreaking and learn more about the project on the Hill CDC’s website.