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PHLF News Publication Pittsburgh History & Landmarks Foundation 450 The Landmarks Building One Station Square Pittsburgh, PA 15219-1170 Address Correction Requested Published for the members of the Pittsburgh History & Landmarks Foundation No. ll4 Summer 1990 a Preservation Fund at Work a Summer Family Fun a The History and Architecture of Allegheny CemeterY l.lnion I{øtionøl Augmßnts Preseruøtion Fund Pitxbørgh Cornrnanity Reinaestnaent Grouþ Allegbery lYe¡¡ Cittic Council B I o o rnfi e I d / Garf e / d C orþ orø tio n Breøobmenders, Ini.' Calbride Pløce Citizen¡ Council , Central Nortltsidc Neighborbood Coancil i; Cbarles Street Areø Coxncil' , Eait.Alleglteny Commtni4 Council ¡i, , \ .."' East Libe¡t Deaelopnenì, Inc. ç'' *ila ía;,7;;,1!,.1:¡j',,,,',, icàr¡ttd¡obilee ¡ 'i-'i.:... A¡¡ociøtioît ... " ,'' Hill Co**ani4 DeyeloPmcnt Corþ. i , Ho*euood Bntsltton Reaitatizøtion l- - and.Deaeloþncnl Corþorøtiox fur' Iørrtoceuille Citizens Council T.ffi #:,;i?;':'r,,iz e n s c orþ orat i o n Nott h si dà^ C íaic Dettelop men t Co an c il N ort h s i de I¿ ød¿ rt à iP C o nfe re n c e ' î$ff* NorthsiùTënanßReorganizalion *frHffip* Obseruatory Hill ''' .Oaäland Planning Er Detteloþnent ' CorPorøtion Peny Hilltoþ Citizens Council , l Co, Soath Sidc I'ocøl DaaeloPtnent , Spring Garfux Neiglt borhood Cotncil Trol Hitt Citizens Coancil Rigltt: 'A Samþler": IJaion Nøtional reports on itr fnt lcdr of uorà uitb the PCRG. Tlte ncighborhood scene øboae is of Resaca Pldcc in the Meicøn Wør Strcets. '{@ n March 30, Union National "It's an honor to work with Landmarks Bank and the Pittsburgh to further the efforts of Union National History & Landmarks Bank to assist people in Pittsburgh's low- Foundation announced joint and moderate-income nei ghborhoods," said efforts to provide low- Gayland B. Cook, chairman of Union Neighb orho o d Initiatives: interest loans for housing and commercial National Bank. The loan fund is further development in inner-city neighborhoods. evidence of Union National Bank's long- PNB ønd Mellon BønA The program will make available $500,000 time commitment to Pittsburgh's neighbor- grants, some for Allegheny County, some as a loan from Union National to hoods. Stanley l-owe can be vehement on the ior Philadelphia and other areas where the Landmarks' Preservation Fund. The $500,000 loan is an adjunct to the federal Community Reinvestment Act bank operates. More relevantly, there is This money will be made available $109 million loan fund Union National (CRA), which mandates loans for inner- Mellon's Community l-oan Mortgage Pro- provide gap and Bank committed to inner-city neighbor- city neighborhoods. He feels that too many specifically to short-term gram, offering long-term conventional bridge financing for house purchases, res- hoods last year. In June 1988, Union lending institutions have been ignoring mortgages, up to $40,000 at a fixed rate less toration, and neighborhood development National Bank and the 24-member Pitts- their obligations and continuing old- a than ihe current rate, for certain neighbor- projects. Union National Bank is to be burgh Community Reinvestment Group fashioned financial segregation. He cites hoods; there is no maximum income limit' (PCRG), chaired by Stanley Lowq nego- North Side bank, for instance, that last repaid at the end of two years, with a with this is the General for made a house loan to a black in 1984. He Used in conjunction six-month extension for any outstanding tiated a five-year $109 million loan fund Pro- the Electric Capital Mortgage Insurance money. In that time, the loan is expected to inner-city low- to moderate-income resi- argues that nothing forces institutions must be gram, on the same conditions except that revolve enough to have an effective lending dents. Details were provided in the Fall 1988 to make bad loans borrowers - maximum incomes are set. For informa- capacity of two million dollars. In addition, issue of PfllFÀ[ews. Last fall, the good risks but that lenders must be - they would tion: Mortgage Products Division, l,andmarks received separate grants so it participants celebrated the first year of iorced to deal with clients amounts 234-6030. Mellon has had a Community can: lower the interest costs on the loans cooperation in a booklet that offers speci- otherwise ignore and to think in Development Corporation since 1986' accomplishments in this short time: $15,000 to $25,000, say that they awarded while paying the prevailing rate on men - and at present might- not otherwise see as worthwhile. capitalized with $500,000 the funds it borrowed from Union; estab- financing of apartment-house renovations again, banks are also wiitr a $0,000,000 line of credit. Once lish a loanloss reserve fund; and make in Homewood-Brushton; a course in small- TWo teading Pittsburgh programs, along this serves areas in Philadelphia as well as small grants to neighborhood projects. business operation; a loan to a painting committed to CRA-type Pittsburgh, and "promotes small business Stanley Lowe, director of the Preserva- contractor; the restoration of 901-05 with Union National Bank: com- development through loans and loan partic- tion Fund, worked with Union National Western Avenue; charitable contributions . The Housing Recovery Program is a home- ipation through the public sector' It also Bank to establish the program. Landmarks' marked for community development; train- bined low-interest mortgage and the makes loans to [low- and moderate-income] Preservation Fund makes loans available ing of UNB staff to process these rather repair program, a collaboration of Pittsburgh's community groups for housing renovation on a short-term basis without elaborate unfamiliar loans; financing for Allequippa Pittsburgh National Bank and and construction and commercial projects'" paperwork and investment of long periods Place; a loan to a data-processing firm; Urban Redevelopment Authority. Through residents Tþo local examples are a subordinated loan of tirne. Stanley said: "We can make the financing for Birmingham Towers; a loan this, low- to moderate-income of $35,000 to the East Liberty Develop- loans quickly, and, through Landmarks' to start a catering business; a Community qualify for both with the same application, ment, Inc, Penn Highlands project (added familiarity and long association with inner- Mortgage Resource Program; seminars on and receive a permanent mortgage. The year put- to a $1.9 million regular loan) and as- city neighborhood grass-roots efforts, we applying for a UNB loan; and many others, program began a ago, with PNB project and the sistance and buying and renovation of eight believe that the loan program will greatly l,andmarks' Stanley l-owe was engaged in iing $1,200,000 into a pilot expects homes by the Braddock Housing Task assist the continuing effort that residents, the negotiations that made the $109 million URA contributing $600,000. PNB The Corporation also offers lechni- neighborhood organizations, and Land- loan fund possible, and Landmarks has to allocate more money once the initial sum Force. cal marks have underway to create good living been involved both as loan-fund supervisor is spent. For informatio n: 7 62-3t14. assistance. ¡ neigh- environments in architecturally valuable and through its Preservation Fund in many . Mellon Bank has made a variety of areasl' of the individual projects. I borhood and economic develoPment Pape2 PHLF News Summer 1990 ffiNEV/S We/come l{ew Mernbers 1990 Award of Merit Recipients We are pleased to welcome the following new members who have joined Landmarks since March; we look forward to their involvement in our On Thursday evening, May 10, trustees Ann sity Press, and for his involvement and presented historic special events and projects . and to their assistance in helping us Wardrop and Don Riggs 13 leadership in several significant projects encourage more people to join L,andmarks! We ask each current award of merit certiñcates to individuals preservation such as the Steel Force and the member to add at least one new member to our ranks in 1990. and organizations who have made out- Industry Heritage Task standing contributions to the preservation Committee on Pittsburgh Archaeology and Mr. & Mrs. F.W. Belchlavek & Family Ms. Suzanne McDevitt of Pittsburgh's historic architecture and History. Ms. Veronica Berchok Dr. & Mrs. D.H. McKibben & Family increased public knowledge of our heritage. r Old Sewickley Post Office Corporation Mrs. Mary Ann Bigham Mrs. Helen H. Murphy & Family We are pleased to recognize the following: For raising funds for the purchase, reno- Ms. Mary Kathleen Connell Mr. & Mrs. Thomas J. Nega vation, and conversion of the old post Volunteers for lhe Portable Pittsburgh Donald D. Davis Marc Olin office in Sewickley into a home for the program Mr. & Mrs. lrwin J. Dean, Jr. & Family Vincent E. Ornato Sewickley Valley Histo¡ical Society and the DiCesare-Engler Productions Ms. Fran Ostroski For their energy and enthusiasm in Sweetwater Art Center. Ms. Linda A. Dickerscn Ms. Tanya A. Oswald presenting mo¡e than 300 hour-long ses- . Design Committee of the South Side I¡cal Dorseyville Junior High School Ms. Carol Peterson Porløble an education- sions of Piltsburgh, Development Corporation Brean Drury Ms. Julie Plavan-Anthony al program created by l,andmarks in 1989 Richard Engler Edward Magee Reno For its volunteer work (since 1985) in and offered to area schools. Ms. Suzanne Galindo Mr. & Mrs, Norman Samways providing professional design assistance to Horizon Inc. Ms. Jane Lra Gibb & Family Homes, property owners, commercial tenants, and For the scrupulous interior and exterior Ms. Meredith A. Gray John A. Sandor developers who are concerned with the restoration the Niemann house at 1212 Thomas O. Gray Ms. Nancy Saracco of revitalization of the South Side area accord- designed by Alden & A. Greller Ms. Helen C. Schlenke N.
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