Housing Opportunity Fund

About the Housing Opportunity Fund

In 2015-2016, the City of Pittsburgh assembled an Affordable Housing Task Force to better understand the affordable housing needs across the City. The Task Force recommended the City establish a Housing Trust Fund, and as a response to the need for affordable housing, the Housing Opportunity Fund (HOF) was created.  

HOF is overseen by an Advisory Board and a Governing Board. The HOF Advisory board is composed of 17 Pittsburgh residents with varying occupations and socioeconomic backgrounds, and the URA acts as the Governing Board for HOF.

The City of Pittsburgh is committing $10 million per year for the next 12 years to address the affordable housing crisis. The following programs were approved by the Advisory Board, URA Board of Directors, and City Council for the 2025 funding year:

• Rental Gap Program
• Homeowner Assistance Program
• Housing Stabilization Proram
• Down Payment and Closing Cost Assistance Program
• Housing Stabilization Program 
• For-Sale Development Program
• Legal Assistance Program
• Demonstration Program

To learn more about HOF Programs, please visit the HOF Programs page. 

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Advisory Board Meetings

Housing Opportunity Fund Advisory Board Meetings are held the first Tuesday of each month from 3:00 – 5:00 p.m. in a hybrid setting. Members of the public can attend the meeting in-person, or view a livestream through the City Channel Pittsburgh YouTube page. Please email HOF@ura.org if you require an accessibility accommodation to attend the meeting virtually or in-person. 

Announcements

The next HOF Advisory Board Meeting is scheduled for Tuesday, February 4, 2025 at 3:00 pm.

 

Public Comment Instructions

Members of the public may provide public comment on agenda items in one of the following formats: in-person, virtually via Zoom, or in written form. Speakers will be permitted a maximum of three minutes to address the Advisory Board. To register to provide comment, please email HOF@ura.org or call 412-255-6694 by 4:00 PM the Monday before the Advisory Board Meeting.  

• Those who wish to provide public comment virtually must register by emailing HOF@ura.org. Upon registration, you will be sent a Zoom Meeting link to participate. 
  
  
• Those who wish to provide written comment can email their comment to HOF@ura.org. 
  
  
• If you attend in person, you do not need to register and may speak when the floor is open to receive public comment.