Allies & Ross Management And Development Corporation

Allies & Ross Management and Development Corporation is a mission-driven organization established by the Housing Authority of the City of Pittsburgh (HACP) to engage in mixed finance transactions. The corporation's primary objective is to provide housing opportunities and related activities by collaborating with HACP. By receiving grants from HACP, Allies & Ross in turn offers short and long-term loans to limited partnerships, enabling the creation of low-income housing units. The corporation's ultimate goal aligns with HACP's mission of supplying safe, decent, and affordable housing within the city.

Allies & Ross Management and Development Corporation was specifically designed to further HACP's objectives through the execution of mixed financing transactions. Through this collaborative approach, the corporation plays a vital role in expanding the availability of affordable housing units within the city. By utilizing a grant-for-loan model, Allies & Ross is able to help HACP in its mission to enhance the living conditions for residents in need. The organization's work contributes significantly to the overall goal of improving the quality of life for low-income individuals in the community.

The partnership between Allies & Ross Management and Development Corporation and the Housing Authority of the City of Pittsburgh is a powerful alliance, as they work together to address the housing needs of the community. Allies & Ross's role in providing short and long-term loans to limited partnerships for the creation of low-income housing units is a crucial aspect of their mission. This innovative financing approach allows for the development of more affordable housing units, which is essential in creating a thriving and inclusive community.