All Posts Tagged:

CARL

10-24-2016  | 0 Comments  |  by Admin  |  Published in Events, Members, News, Programs, Reimagining Communities Initiative, Resources

The Pittsburgh Blight Working Group hosted another successful Blight Bootcamp! Blight Bootcamp is a conference designed to engage and empower City of Pittsburgh residents to fight against blight in their communities. Last year’s inaugural event had overwhelmingly positive feedback. This year’s conference took place over two days, and intentionally incorporated the host neighborhood, Hazelwood, into [...]

04-8-2016  | 0 Comments  |  by Admin  |  Published in News, Programs, Vacant Property Working Group (VPWG)

The Pittsburgh housing market has changed drastically over the past ten years. The city is losing its homeownership base. Reflective of a national trend, Pittsburgh has flipped from 54% homeowner / 46% renter to 48% homeowner / 52% renter. Yet Pittsburgh’s rental market is drastically uneven. Housing is defined as affordable when it does not [...]

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 [...]

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 [...]

01-12-2016  | 0 Comments  |  by Admin  |  Published in News, Newsletter Archives

Table of Contents The Power of Place: Sixth Annual Community Development Summit Bank Mergers & Acquisitions Offer Opportunities for Community Input PCRG Welcomes Two New Staff Members Frequently Asked Questions About the CARL Program Tackling Blight Together Gladstone Middle School Ready for Redevelopment January Events and Announcements The POWER of Place: Sixth Annual Community Development [...]

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, [...]

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 [...]

10-6-2015  | 0 Comments  |  by Admin  |  Published in News

PCRG Events CARL Info Session Tuesday, October 27 6-7PM GoBurgh Meeting Thursday, November 5th 12-1 PM Vacant Property Working Group (VPWG) Friday, November 13 9-11 AM Announcements The Pittsburgh Land Bank Board of Directors meets in the City Council Chambers on the second Friday of each month from 1-3 PM. The meeting is open to the [...]