district

4

 BROOKLINE

 BEECHVIEW

 OVERBROOK

 CARRICK

Ranked 9TH

in total private and public funding

Councilman 
Anthony Coghill

District 4 includes just four neighborhoods in the city’s South Hills, including the high-income community of Carrick. Overall, the district loan dollar volume was $794 million between 2007 and 2020, 6.7% of the total loan dollar volume citywide.

 

Financial institutions approved 4,895 loans for $419 million in Carrick over the same period, in contrast to just $82 million approved to middle-income Overbrook.

Distrct 4 Coghill.jpg

Table 10I. Total Public and Private Investment in District 4, Anthony Coghill

Neighborhood

PHFA

HACP

URA

Total Public $

Total Public $

Total Public and Private $

$7,500

$419,070,000

$419,077,500

BROOKLINE

$0

$0

$7,500

Beechview

$0

$360,000

$8,920,986

$9,280,986

$147,946,000

$157,226,986

$2,841,972

$144,042,000

$146,883,972

Carrick

$0

$516,972

$2,325,000

Overbrook

$0

$0

$110,000

$110,000

$82,990,000

$83,100,000

Totals

$0

$11,363,486

$876,972

$12,240,458

$794,048,000

$806,288,458

District 4 was last in the amount of public funds, just $12,240,458, most of which came from the URA (and none from the PHFA).Combined public and private investment also placed District 4 last, with just $806,288,458 in investment, nearly all of which (98.5%) came from banks. There were no minority communities in District 4, so there was no public or private investment in these areas.