News

February 8, 2023

URA Offering Funds for Low-Income and First-Time Homebuyers

Low-income and first-time homebuyers looking to purchase a home in the City of Pittsburgh may now qualify for a grant from the Urban Redevelopment Authority (URA)’s OwnPGH grant program.

The URA and First Commonwealth Bank will host an OwnPGH information session on Wednesday, February 22 at 10 a.m. in the lower level conference room of the URA office (located at 412 Boulevard of the Allies, Pittsburgh, PA 15219). Attendees will have the chance to hear more about the homeownership program and talk one-on-one with URA and First Commonwealth Bank representatives.

For more information on the session, visit the OwnPGH Information Session event page.

This article was updated on February 15, 2023 to include information on the OwnPGH information session. 

About the OwnPGH Program

The OwnPGH program seeks to promote affordable homeownership opportunities within the City of Pittsburgh. It provides grants and second mortgage financing for homebuyers at or below 80% of Area Median Income (AMI).

Participants in OwnPGH may receive up to $90,000 in grants and forgivable loans from the URA and the city’s housing authority, with $50,000 available in grants and $40,000 available in loans.

Additionally, eligible borrowers may qualify for the Down Payment and Closing Cost Assistance Program (DPCCAP), which provides them an additional $7,500 in forgivable loans.

Who can apply?

  • Individuals who pre-qualify for a home loan through one of URA’s three bank partners.
  • Individuals who do not exceed 80% of AMI.
  • Individuals who would like to own a property within the City of Pittsburgh. Properties outside of City of Pittsburgh do not qualify for OwnPGH assistance.

Learn More

View OwnPGH income limits, find contact information for participating bank partners, and learn how to apply by visiting the Urban Development Authority website.

News

April 7, 2020

Paying Yourself, Your Staff, and Your Bills: Helping Child Care Programs

Are you interested in learning about the different options child care programs can access to get financial support during the COVID-19 pandemic? Join the National Association for the Education of Young Children (NAEYC) on April 9 for the webinar, “Paying Yourself, Your Staff, and Your Bills: Helping Child Care Programs Understand and Navigate SBA Loan Options.”

About

In addition to the $3.5 billion for CCDBG provided by Congress in the recent CARES Act, there are multiple options for child care programs across states and settings to get financial support to survive this crisis. Since these processes may be complex, NAEYC is bringing together experts from the banking, business, and child care industries for a webinar featuring lessons from the first few days following the opening of the Paycheck Protection Program.

By attending, participants will learn how the different options work, which options may work best for them, and what precise steps individuals need to take to apply for them.

Register

To register, visit the event webpage.

News

April 6, 2020

Small Business Administration Loans Explained | Webinar

Are you interested in learning how to apply for and utilize Small Business Association (SBA) Loans? Join co-hosts Trying Together, the University of Pittsburgh Small Business Development Center (SBDC), and Start Strong PA on April 7, 2020 for their webinar, “Small Business Administration (SBA) Loans Explained.”

About

In this webinar, Trying Together, the SBDC, and Start Strong PA will explain how to apply for and utilize the SBA Loans made available in response to the COVID-19 pandemic. This webinar will be hosted on Zoom. Digital access links will be emailed to all attendees on the day of the event.

Registration

Registration is required by 10 a.m. on April 7, 2020. To register, please visit the event registration page.