Agency overview | |
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Formed | 1946 |
Jurisdiction | City of Pittsburgh |
Headquarters | 200 Ross Street Pittsburgh, Pennsylvania 40°26′12.34″N 79°59′48.16″W / 40.4367611°N 79.9967111°W |
Agency executives |
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Website | www |
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.
The URA is currently facilitating a number of large-scale real estate developments, including:
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: