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Pittsburgh bank awards $1M in grants to YNDC - Mahoning Matters

Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program recently awarded two grants totaling $1.1 million to the Youngstown Neighborhood Development Corp. for housing development in the city of Youngstown.

One grant award of $750,000 will be used to fully renovate five vacant homes for affordable homeownership, and the second grant award of $409,032 will be used to construct two new energy efficient, affordable rental units.

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