Please ensure Javascript is enabled for purposes of website accessibility Matzie: $3.4 million in tax credits awarded to support Beaver County affordable housing projects

Matzie: $3.4 million in tax credits awarded to support Beaver County affordable housing projects

AMBRIDGE, Oct. 10 – Beaver County affordable housing will get a boost from nearly $3.4 million in tax credits reserved to leverage investment in two projects, state Rep. Rob Matzie announced today.

Matzie, who is chairman of the House Majority Caucus, said the Pennsylvania Housing Finance Agency has conditionally reserved $1.7 million in tax credits for the Legacy Bricks project in Aliquippa and another $1.68 million for St. Cecilia Senior in Rochester.

“More affordable housing means more residents have the economic stability they need to thrive,” said Matzie. “These tax credits are great news because they will spur investments to help both of these projects take shape.”

Matzie said the Legacy Bricks project in Aliquippa is located on a 4.84-acre site currently zoned for mixed used and traditional neighborhood development. The site is under an option to purchase agreement through Dec. 31, 2026.

The St. Cecilia Senior project in Rochester would preserve a four-story building consisting of 33 one-bedroom units and 12 two-bedroom units for residents 62 or older. The development would be nearly 65,000 square feet and would include nine accessible units.

More information about PHFA Low Income Housing Tax Credits is available here:
https://www.phfa.org/mhp/developers/lihtc.aspx