district

5

Greenfield

Hazelwood

Hays

Glen Hazel

Regent Square

Squirrel Hill South

Ranked 3RD

in total private and public funding

Councilman
Corey O'Connor

Councilman O’Connor’s District 5 has a diverse geographic and demographic range in the East End. It includes the high-income neighborhood of Squirrel Hill South (home to Taylor Allderdice, the city’s largest high school) and Regent Square, middle-income Swisshelm Park and Greenfield, Hazelwood and Glen Hazel (which are nearly 50% minority), and, across the Mon River, Hays and Lincoln Place, the city’s only 100% non-minority neighborhood. 

 

Between 2007 and 2020, $1.6 billion in loan dollars were approved in District 5, 13.9% of all loan dollars citywide during this period. The $1 billion in loans approved to just one neighborhood, Squirrel Hill South, dwarfed loan dollars to all minority neighborhoods ($807 million).

District 5  OConnor.jpg

Table 10C. Total Public and Private Investment in District 5, Councilman Corey O’Connor

Neighborhood

PHFA

HACP

URA

Total Public $

Total Public $

Total Public and Private $

$83,743,701

$1,045,706,000

$1,129,449,701

Squirrel Hill South

$3,166,533

$1,000,000

$79,577,168

Greenfield

$0

$67,088

$165,993

$233,081

$272,784,000

$273,017,081

$110,649,393

$49,699,000

$160,348,393

Hazelwood*

$0

$79,928,808

$30,720,585

Regent Square

$0

$0

$0

$0

$82,976,000

$82,976,000

$900,001

$74,809,000

$75,709,001

$900,001

$0

$0

Lincoln Place

Swisshelm Park

$0

$0

$20,000

$20,000

$62,349,000

$62,369,000

$0

$48,405,000

$48,405,000

New Homestead

$0

$0

$0

Hays*

$0

$0

$15,425,000

$15,425,000

$15,425,000

$2,319,700

$2,319,700

Glen Hazel*

$0

$2,319,700

$0

Totals

$3,166,533

$1,800,000

$126,808,747

$213,290,875

$2,312,964,000

$1,850,018,875

*Note: Bank lending to Hazelwood also includes Hays and Glen Hazel.

Councilman O’Connor’s public funds were ranked third of all the districts, with $213 million, but this amount was dwarfed by the bank lending of $1.6 billion. Bank lending represented 88.5% of all investment in District 5. Councilman O’Connor’s district had no minority communities, so there was no public or private investment in these areas.