YNDC gets grant to build affordable housing in city
YOUNGSTOWN – The Youngstown Neighborhood Development Corp. received a $1.5 million grant from the Federal Home Loan Bank of Pittsburgh to build affordable housing in the city.
The grant will assist with the construction of three new duplexes along Glenwood Avenue and the renovation of four houses on Pearce Avenue and Lake Drive on the South Side.
The projects will be done in 2025.
PNC Bank is the member bank that supported YNDC’s application and is partnering on the projects.
“YNDC is happy to announce this investment that will allow for the creation of another 10 high-quality new housing units along the greater Glenwood Avenue corridor as part of our long-term neighborhood stabilization work,” said Ian Beniston, YNDC’s executive director.