2018 Rental Gap Program

The Urban Redevelopment Authority of Pittsburgh’s Housing Opportunity Fund seeks proposals through the 2018 Rental Gap Program to fund the creation or preservation of affordable rental housing units for low-income households. The program provides loans to developers for new construction or rehabilitation projects targeting households earning at or below 50% or 30% of the Area Median Income, with specific funding allocations of $2.5 million designated for units affordable to those at or below 30% AMI and $1.375 million for units at or below 50% AMI. The initiative aims to expand the availability of safe, decent, and code-compliant housing while addressing existing health and safety deficiencies in the city’s rental stock. Proposals are invited under a solicitation issued on November 8, 2018, with no stated deadline for responses, allowing for ongoing submissions. The program operates under NAICS code 441110, which pertains to rental housing activities, and is managed by the Pennsylvania-based Urban Redevelopment Authority of Pittsburgh. Funding is intended to support long-term affordability, ensure regulatory compliance, and revitalize neighborhoods through targeted investments in residential properties. Developers are expected to align their projects with the program’s goals of increasing affordable housing supply and upholding housing quality standards across the city.