Tryko Partners Breaks Ground on Cedarwood Homes Affordable Development in Pittsburgh

by Jeff Shaw

PITTSBURGH — Tryko Partners has broken ground on Cedarwood Homes, an affordable seniors housing community in Pittsburgh’s West End neighborhood.

In 2020, the Pittsburgh Urban Redevelopment Authority (URA) named Tryko to lead a redevelopment at the former Fairywood School site. Key financing agencies have contributed to the project’s viability. This includes 9 percent Low-Income Housing Tax Credits (LIHTC) awarded by the Pennsylvania Housing Finance Agency; and approximately $2.1 million in gap financing funding, along with 24 project-based Section 8 vouchers from Housing Authority City of Pittsburgh (HACP).

The community will feature 46 total units, 39 of which will be affordable to residents with incomes up to 60 percent of the area median income.

Tryko expects to finish construction in 2024.

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