TribLIVE

| News

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

Pittsburgh housing authority approves $174 million budget

Email Newsletters

Click here to sign up for one of our email newsletters.

Daily Photo Galleries

Thursday, Sept. 26, 2013, 12:51 p.m.
 

The Pittsburgh Housing Authority's board on Thursday approved a $173.6 million spending plan for 2014 that includes a $40.6 million deficit in capital expenditures.

Executive Director Castor Binion said the authority would make up the deficit by drawing from about $60 million in capital reserves. He said the reserves are the product of savings through efficiencies and designated for the improvement of subsidized housing across the city.

The budget increases spending by about $30 million next year, Binion said, attributing the increase to capital projects such as the $51 million rebuilding of the Addison Terrace complex in the Hill District.

Subscribe today! Click here for our subscription offers.

 

 

 


Show commenting policy

Most-Read Stories

  1. LaBar: Best next opponent for Brock Lesnar
  2. At least one dead in Beaver County fire
  3. Pirates rout Cardinals to keep things interesting in NL Central
  4. Rossi: Baseball needs a new schedule
  5. Munhall councilman who assaulted colleague won’t be charged
  6. South Allegheny begins year with upgrades, contract uncertainty
  7. Penn State Greater Allegheny welcomes return of bus route to campus
  8. Armstrong River Hawks make their debut
  9. Ford City Express may be back on track by Christmas
  10. Steelers remain confident in defense
  11. ‘Stand Down’ aims to lift up needy in Armstrong, Clarion counties