Housing Opportunities, Inc.

Homestead PA


Housing Opportunities, Inc. (HOI) has provided a range of services to help low-income people obtain and retain housing since it was founded in 1975. In the last three years alone, it has made 187 mortgages in the Pittsburgh metropolitan area, and has provided homebuyer training for low-income individuals at 51 sites around Pennsylvania. HOI has also been effective at creating innovative new products and leveraging private sector support to make housing more affordable for low-income families.

CDFI Awards for Housing Opportunities, Inc.


CORE (2001) - $500,000

The CDFI Fund grant of $450,000 will allow HOI to expand its provision of first and second mortgages to low-income homebuyers, and assist in revitalization efforts in distressed neighborhoods in McKeesport, Pennsylvania. The $50,000 technical assistance will be used to assist HOI in assessing proposed new products and enhancing its loan underwriting policies and procedures.



Other Community Development Financial Institutions in Pennsylvania





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Small Business Administration's Small Business Investment Companies

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Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.




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