Preservation Loan Fund
The Pittsburgh History & Landmarks Foundation is a nonprofit historic preservation organization serving Allegheny County.
One of the earliest goals of Landmarks was to establish a revolving fund for the purpose of restoring historic neighborhoods without dislocating the residents living there. In the 1960s and 1970s, Landmarks successfully used moneys from the fund to purchase, restore, and renovate historic properties which were then rented or sold in many cases to low- and moderate-income families. Most of Landmarks’ original work was on the North Side and South Side, where neighborhood organizations soon accepted responsibility for restoration programs.
The current Preservation Loan Fund, initiated in 1985, expands upon this original concept. Its purpose continues to be the preservation of historic buildings through economically feasible development plans. But now, rather than using moneys from the fund to acquire and restore its own historic properties, Landmarks is using the fund to provide short-term loans and technical assistance to Allegheny County community-based organizations and preservation groups who propose feasible restoration projects for historic properties in their communities
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