Formed 1946 (1946) Website www.ura.org | Jurisdiction City of Pittsburgh Founded 1946 | |
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Headquarters 200 Ross StreetPittsburgh, Pennsylvania Agency executives Robert Rubinstein, Acting Executive DirectorKevin Acklin, Chairman |
The Urban Redevelopment Authority of Pittsburgh (URA) is the City of Pittsburgh’s economic development agency, committed to creating jobs, expanding the City’s tax base, and improving the vitality of businesses and neighborhoods. The URA achieves this mission by assembling, preparing, and conveying sites for major mixed-use developments; and by providing a portfolio of programs that include financing for business location, relocation and expansion, housing construction and rehabilitation, and home purchases and improvements.
Contents
Public Projects
The URA is currently facilitating a number of large-scale real estate developments, including:
Impact
As of 2015, nearly $3 billion in private investment has been leveraged by $336 million in tax increment financing administered by the URA – a leverage ratio of 9 to 1.
Between 2006 and 2012, the URA: