Housing Authority of the City of Pittsburgh Board of Commissioners Meeting Minutes February 2026
Additional Gap Funds Support Beacon 120 Cecil Way Project
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Description
The Board reaffirmed its prior contingent award of PBV and MTW Gap Financing to Beacon Communities, LLC for the 120 Cecil Way affordable housing conversion while authorizing additional gap funding through ARMDC. The project will deliver 97 low-income units supported by LIHTC and PBVs.
Contract Details
Vendor
BEACON COMMUNITIES LLC
Agency
Housing Authority of the city of Pittsburgh, PA
Contract Type
FINANCIAL_SERVICES
Document Date
February 26, 2026
Renewal Info
Original contingent PBV and MTW Gap Financing commitment from Resolution No. 80 of 2024 remains in effect; current action increases overall MTW Gap Financing to the project via ARMDC but does not specify term changes for Beacon’s agreements.
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AWARDEDIssuing Agency
Housing Authority of the city of Pittsburgh
Local Housing Authority
Pittsburgh, PA
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