Oakland Planning and Development Corporation (OPDC) has closed on a $16 million financing package for Oakland Affordable Living, a 49-unit affordable housing development made possible through Low Income Housing Tax Credits (LIHTC) and a Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund (PHARE) soft loan, both awarded by the Pennsylvania Housing Finance Agency (PHFA)

The August 10th Public Source article, A developer has big plans for Oakland’s Bates Street corridor, but will zoning laws and residents permit it?, was unbalanced and missed the mark on many points. OPDC offers the following clarifying statements. Contact OPDC at 412.621.7863 ext. 15 or wwilson@opdc.org for more information.

Please support OPDC on Monday, August 7th, by eating at the 3615 Forbes Avenue (Central Oakland business district) Chipotle from 3 p.m.-9 p.m.