Urban Redevelopment Authority of Pittsburgh

Last updated
Urban Redevelopment Authority of Pittsburgh (URA)
URA Logo.jpg
Agency overview
Formed1946 (1946)
Jurisdiction City of Pittsburgh
Headquarters412 Boulevard of the Allies, Suite 900
Pittsburgh, Pennsylvania
40°26′14.0136″N79°59′58.938″W / 40.437226000°N 79.99970500°W / 40.437226000; -79.99970500
Agency executive
  • Susheela Nemani-Stanger, Executive Director
  • Kyle Chintalapalli, Chairman
Website www.ura.org

The Urban Redevelopment Authority of Pittsburgh (URA) [1] is the City of Pittsburgh's economic development enterprise, committed to building a prosperous and equitable economy for the City. The URA helps bridge public and private interests to invest in financially viable equitable developments that promote housing affordability, economic mobility, entrepreneurship and neighborhood revitalization. Its work creates and sustains quality jobs, thriving neighborhoods, healthy communities and sustainable businesses for the benefit of all Pittsburghers.

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. [2]

Between 2006 and 2012, the URA: [3]

References

  1. "About Us". Urban Redevelopment Authority of Pittsburgh.
  2. "2015 TIF Annual Report" (PDF). Urban Redevelopment Authority of Pittsburgh.
  3. "2013 Annual Report" (PDF). Urban Redevelopment Authority of Pittsburgh.