Goals of the
Preservation of Pittsburgh
The partners have crafted an innovative, long-range plan to:
- Revitalize and stabilize the neighborhood,
Provide safe, affordable and energy efficient homes,
Ensure safe walkways to schools, and
Generate job opportunities for area residents.
With a vacancy rate of 43% in Pittsburgh, the POP partners sought to convert vacant and abandoned housing into occupied housing to help the neighborhood become a thriving and vibrant mixed-income community again. To do this, they are acquiring a significant number of homes in targeted areas in order to influence the neighborhood market, attracting other homebuyers and investors to the neighborhood.
As of December 31, 2011, 95 vacant, strategically-located properties had been acquired. Eight of these homes have already been rehabbed and are now occupied by working families with children and an additional 13 are scheduled to be rehabbed in 2012. The bulk of the properties are being "land-banked" in the Fulton County/City of Atlanta Land Bank Authority while POP partners work with residents to craft a Master Plan to guide the neighborhoods redevelopment.