Great news! Catapult Greater Pittsburgh has partnered with the Pennsylvania Housing Finance Agency (PHFA) and others to create a new mortgage product and program designed to increase Black homeownership in Allegheny County. The program is called Revitalizing Neighborhoods and Increasing Homeownership.

The program seeks to make homeownership more accessible by relaxing some homebuyer requirements but balancing that with comprehensive homebuyer education to ensure buyers are ready for the responsibilities of homeownership. For instance, it’s possible for people with no credit score to be approved for a loan through this program by using non-traditional sources of credit.

“Our new Revitalizing Neighborhoods and Increasing Homeownership program will give us the chance to test new loan features, paired with financial education and housing counseling, to open doors to homeownership that may have been closed previously. This initiative will benefit homebuyers who participate in the program and Allegheny County neighborhoods, too.”

➡ Read all about the new program here, and learn more at their upcoming info session:

January 26 | 5:30-7 pm
UPMC Health Plan Neighborhood Center
6401 Penn Avenue
Suite 300