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Allegheny YMCA web pic

Allegheny YMCA web pic
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Allegheny YMCA
Pittsburgh, PA
Currently underway, this $22.5 million historic rehabilitation is transforming the 1927 Allegheny YMCA into a revitalized community hub. The project preserves 80 deeply affordable single-room occupancy units, upgrades fitness and community spaces, and restores key architectural elements. Affirmative Investments is serving as NMTC consultant and financial advisor, leading the tax credit structuring and closing process. Once complete, the renovated facility will continue providing vital housing and wellness services in Pittsburgh’s North Side for generations to come.
TDC
$27.3MM
NMTC Allocation
$10MM
FHTC Equity
$2.9MM
Financial Closing
November 2024
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