Tryko Partners: Tryko Partners Begins Leasing 46-Unit Affordable Housing Project in Pittsburgh

PITTSBURGH - New Jersey-based Tryko Partners has begun leasing Cedarwood Homes, an age-restricted affordable housing project located at the site of the former Fairywood School in Pittsburgh. The majority (39) of the one-bedroom units are reserved for renters earning 60 percent or less of the area median income. Merchants Capital provided $11 million in project financing, and The Pennsylvania Housing Finance Agency awarded 9 percent Low-Income Housing Tax Credits to the developer to fund the project. Construction began last summer.The post Tryko Partners Begins Leasing 46-Unit Affordable Housing Project in Pittsburgh appeared first on REBusinessOnline.