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PHILADELPHIA-The Federal Home Loan Bank of Pittsburgh, through its private cooperative, is providing $3 million in grants for the development of affordable housing units in Philadelphia, Chester, PA and Lindenwold, NJ. The housing will be for low-income, elderly and special-needs residents.

The local banks which will distribute the funds are Citizens Bank of Pennsylvania, Commerce Bank, Firstrust Bank, PNC Bank and Sovereign Bank. The FHLB has released $29.8 million to date in the metro Philadelphia market, according to the bank's prepared statement. The largest of the new grants, $1.35 million, is going to the 92-unit Harvest Senior Housing Apartment building in Lindenwold. The property is on the Abundant Harvest Ministries campus and service low-income seniors.

Other grants are going to the Chester Redevelopment Authority, $450,000 for 30 semi-detached single-family homes for moderate-income, first-time buyers in the Wellington Heights neighborhood in Chester; $369,722 for 24 apartments serving homeless adult men and veterans at St. Elizabeth's Recovery Residence in North Central Philadelphia, sponsored by Project H.O.M.E.; $350,000 to renovate 10 rental units in adjoining three-story houses at Gaudenzia New Hope on West Togate Street in Philadelphia, sponsored by Gaudenzia Foundation and Sherick Project Management.