TribLIVE

| News


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Pittsburgh lands millions in federal tax credits

Daily Photo Galleries

Wednesday, April 24, 2013, 6:39 p.m.
 

The U.S. Treasury Department awarded Pittsburgh $35 million in federal tax credits for economic development in low-income neighborhoods, the mayor's office announced Wednesday.

Gigi Saladna, a spokeswoman for the city's Urban Redevelopment Authority, which will award the credits through its Pittsburgh Urban Initiatives program, said a decision on where the money will go is coming in “the near future.”

Since February 2011, Urban Initiatives has received $90 million in tax credits that have helped to finance several Pittsburgh developments, including Highmark Stadium at Station Square and The Gardens at Market Square in Downtown.

More than 2,000 full- and part-time jobs have been created, said the URA in a news release.

 

 
 


Show commenting policy

Most-Read Stories

  1. Beaver DA believes girls might have lived had dad responded faster
  2. Rossi: Johnston must reach Malkin in Moscow
  3. Steelers are in familiar territory going into training camp in Latrobe
  4. Uber, Lyft can operate legally in Allegheny County — for now
  5. Interest high for Heinz Field soccer match between top Euro teams
  6. Official: Air Algerie flight ‘probably crashed’
  7. Pirates notebook: Recovering Cole exceeds expectations in simulated game
  8. New Penguins coach to meet with Malkin
  9. Brookline Boulevard paving project finally finished
  10. Police clear brief standoff with man in Squirrel Hill
  11. Liriano, Snider lift Pirates to a victory over Dodgers at PNC Park
Subscribe today! Click here for our subscription offers.