Category Archive for:

Community Acquisition and Rehabilitation Loan

11-6-2017  | 0 Comments  |  by Admin  |  Published in Community Acquisition and Rehabilitation Loan, News, Partners, Programs

Justin has been at PCRG since September 18th, working as an Executive Ally through CORO Pittsburgh’s Public Allies program. Justin is currently developing both a capitalization plan as well as a communication plan for the Community Acquisition and Rehabilitation Loan (CARL). He is working closely with both PCRG’s Executive Director as well as Walter Burlack, [...]

  If you’re interested in buying a fixer-upper and would like to learn more about a unique financing option, Pittsburgh Community Reinvestment Group (PCRG) will hold an info session for the Community Acquisition and Rehabilitation Loan (CARL) on Wednesday, February 8th from 6 – 7 PM at PCRG (1901 Centre Avenue, Pittsburgh, PA 15219). These information sessions will [...]

04-4-2016  | 0 Comments  |  by Admin  |  Published in Community Acquisition and Rehabilitation Loan, Events, Programs, Resources

If you’re interested in buying a fixer-upper and would like to learn more about a unique financing option, Pittsburgh Community Reinvestment Group (PCRG) will hold an info session for the Community Acquisition and Rehabilitation Loan (CARL) on Tuesday, May 3 from 6-7PM at East End Book Exchange (4754 Liberty Ave, Pittsburgh, PA 15224). At the info session, we will [...]

03-10-2016  | 0 Comments  |  by Admin  |  Published in Banking, Community Acquisition and Rehabilitation Loan, News, Resources

The Urban Redevelopment Authority (URA) of Pittsburgh Board of Directors voted on Thursday, March 10, 2016 to expand the Community Acquisition and Rehabilitation Loan (CARL) to an additional 32 census tracts, which means CARL will be available in 48 City of Pittsburgh neighborhoods. Pittsburgh Community Reinvestment Group (PCRG) offers the CARL Program as a part of [...]

Table of Contents Member Highlight: Hazelwood Initiative Pittsburgh Transit Frequent Service Asset Mapping CARL Program Expanded to More Neighborhoods Keynote Speakers Announced for the Summit Community Leader Spotlight on Olivia Baker March Banking Policy Update March Events and Announcements Member Highlight: Hazelwood Initiative, Inc. Last modified on 2016-03-14 17:48:38 GMT. 0 comments. Top. Image: James [...]

01-13-2016  | 0 Comments  |  by Admin  |  Published in Banking, Community Acquisition and Rehabilitation Loan, Events, Members, News, Programs, Resources

  Is homeownership one of your 2016 goals? The Community Acquisition and Rehabilitation Loan (CARL) could help make that possible. With only a 5% down payment* and  no private mortgage insurance, CARL allows you to affordably buy and rehab the home of your dreams with one loan. Don’t miss the CARL Info Session on Wednesday, January 27 from 6-7PM at [...]

11-16-2015  | 0 Comments  |  by Admin  |  Published in Community Acquisition and Rehabilitation Loan, News, Programs, Resources

We’ve had a lot of questions about the Community Acquisition and Rehabilitation Loan (CARL) since we began the pilot program, and we’ve had even more since our first CARL closings took place. Here’s a look the top five most frequently asked questions about CARL: 1) Who’s CARL? CARL is the guy in the yellow hard hat, [...]

11-16-2015  | 0 Comments  |  by Admin  |  Published in

Through the Community Acquisition and Rehabilitation Loan (CARL), borrowers can obtain mortgage financing and home rehabilitation financing in one loan. As a single loan product, CARL simplifies the financing process for the purchase and rehabilitation of a property by reducing the cost, time, and complexity of obtaining multiple loans. Click on the questions below to learn more about CARL or [...]

10-14-2015  | 0 Comments  |  by Admin  |  Published in Community Acquisition and Rehabilitation Loan, Events, Programs, Resources

If you’re interested in buying a fixer-upper and would like to learn more about a unique financing option, PCRG will hold an info session for the Community Acquisition and Rehabilitation Loan (CARL) on Tuesday, October 27  from 6-7PM at 1901 Centre Ave., Suite 200 (food will be provided). With only a 5% down payment* and no private mortgage insurance, CARL allows [...]

10-7-2015  | 0 Comments  |  by Admin  |  Published in Community Acquisition and Rehabilitation Loan, News, Programs, Resources

We have been fine-tuning our pilot program, the Community Acquisition and Rehabilitation Loan (CARL), for the past year, and we are excited to announce that we closed our first two CARL loans! Our CARL borrowers, Lindsay and Kathrin, are eager to get started on the renovations. The CARL program allows borrowers to buy and rehab [...]