Triad helped secure $3 million in improvement funding for the City of McKeesport. We worked with the Wolf administration, Rep. Austin Davis and Sen. Jim Brewster to focus on the challenges facing the city along with the great opportunities there.
The funding, part of a six-year program through the state’s Neighborhood Assistance Program (NAP), will be the most significant investment in the Allegheny County city in more than 30 years. McKeesport already is seeing improvements and this will create even more opportunities.
The project, part of a collaboration between our clients Rebuilding Together-Pittsburgh and McKeesport, focuses on housing, downtown development, tourism and recreation. This project is proud point for Triad because it represents the only fully-funded tax credit in Western Pennsylvania.
Governor Wolf’s office put out a press release about the project saying 20 houses in the city will be renovated increasing energy efficiency, creating jobs and keeping low-income residents in their homes. Another 20 homes also will be renovated and five more will be rehabilitated to sell.
McKeesport already is a city on the rise. This funding, and the collaboration with Rebuilding Together-Pittsburgh, will help by focusing on the demolition of rundown buildings to make room for a fresh start in the downtown and the city will renovate the Penn-McKee Hotel. Through NAP, capital funding will be provided by key corporate partners: Duquesne Light, First Commonwealth Bank, Noble Energy and UPMC.
Many elected officials and community leaders care deeply about the city and want to see it gain back more of its luster. It was a true honor to work with them on this important project and are confident we will see major improvement in the coming years.