TribLIVE

| News


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

Pittsburgh housing authority approves $174 million budget

About Bob Bauder

Daily Photo Galleries


By Bob Bauder

Published: 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.

 

 

 
 


Show commenting policy

Most-Read Stories

  1. Agreement nears on Springdale police chief’s duties
  2. A-K Valley students offer F.R. Strong support
  3. Governor signs child abuse protection bills
  4. Five years later, Crosby wants another Cup win
  5. Starkey: Fleury’s future at stake
  6. EF volleyball standout Waters will sign with Loyola (Md.)
  7. Victory on Friday could propel Bunola’s Salka into title fight
  8. Legal experts question prosecuting South Fayette boy for recording bullies
  9. Twitter buys data analytics partner
  10. Jailed Hribal ‘fine,’ but family ‘terrible’ as answers in stabbing sought
  11. Leechburg adds 2 part-time police officers
Subscribe today! Click here for our subscription offers.