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.
Table 10I. Total Public and Private Investment in District 4, Anthony Coghill
Neighborhood
PHFA
HACP
URA
Total Public $
Total Private $
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.