The best way to stake your claim in Hazelwood is to become a homeowner, then when property values rise, your home will be worth more and more. You can build wealth by owning a home!
Hazelwood Initiative has partnered with Rebuilding Together Pittsburgh and the City’s Urban Redevelopment Authority (URA) to purchase Hazelwood houses that were vacant and deteriorating. HI then contracts with Rebuilding Together to renovate the houses to high standards, featuring all new wiring, HVAC (high efficiency furnaces), bathrooms, kitchens, appliances, and much more.
Together with special first mortgages, zero percent second mortgages can make the house even more affordable. In most cases, low-to-moderate income families can buy a home and live there for under $500/month, less than most Hazelwood residents pay to rent.
Hazelwood Initiative sees Rehab for Resale as a part of its strategy to mitigate the negative effects of gentrification that other Pittsburgh neighborhoods are experiencing. Investing NOW in Hazelwood’s existing residents will allow them to build wealth as revitalization continues. HI has already completed a number of these houses and more are underway. If you want to explore what is involved in owning your own house, call our Director of Real Estate, Dave Brewton at (412) 295-4787.
When you buy a home through Hazelwood Initiative, we can provide the following types of assistance:1. Free (required) credit counseling to get your score where it needs to be
CONTACT DAVID BREWTON FOR MORE INFORMATION