The Mon Valley Initiative Housing & Real Estate Development Team works with local Community Development Corporations (CDCs) toward a renewed community by providing high quality, affordable housing. The impact this program can make in these communities is huge. Here is a lineup of some of our communities’ biggest development accomplishments in 2014:
Charleroi Main Street and Riverfront Development
MVI is working with the Greater Charleroi Community Development Corporation (GCCDC) to expand planning initiatives for Charleroi’s Main Street by identifying sites for redevelopment in the downtown area and riverfront and seeking qualified private developers to invest in market-supported development efforts. Charleroi’s vision for a riverfront destination as the focal point of their redevelopment plan recently made headlines in Pittsburgh’s Tribune-Review.
Rehabilitation of Eisenberg’s Department Store in Monessen
The Monessen Community Development Corporation (MCDC) plans to rehabilitate the former Eisenberg’s Department Store, which has stood vacant in the heart of Monessen’s business district for over 15 years. In November 2014, MCDC was informed that Eisenberg’s had been selected for Affordable Housing Program (AHP) funding in the amount of $500,000, and MVI received $805,150 from Westmoreland County and PHARE funding for this project. This funding will allow the Department Store to be developed into up to 13 units of mixed-income rental apartments.
The Grant Street Apartment Renaissance
MVI is working to complete the Grant Street Renaissance Project in Turtle Creek in 2014-15. The development will add five new parcels of land to be used for green space and off-street parking and will rehabilitate one additional structure to result in a total of 14 units. MVI and the Turtle Creek Development Corporation (TCDC) will also coordinate efforts with the Borough’s Code Enforcement to enhance the positive impact of the development.
Construction Begins on Braddock Free Press Buildings
MVI received a commitment from Allegheny County for $1.5 million in 2014 to secure and renovate the former Braddock Free Press Buildings along Braddock Avenue. Working with Disaster Restoration Services, MVI will develop commercial spaces on the street level and multi-unit market-rate housing in the upper floors of these buildings.
Swissvale Park Avenue Duplex Homeownership Project
Expanding on the successful Kopp Glass Gateway Development, MVI developed two new Park Avenue rehabs. Both were sold to new homeowners by October 2014. Click on the photo to view an album of before and after photos of the Swissvale Park Avenue Duplex.
We could not complete projects like these without contributions from funders and donors like you. Please consider giving to the 2014 MVI Annual Appeal to support future development initiatives in Mon Valley communities! Thank you!