| 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. Environmental watchdog sues world’s largest steelmaker over Pennsylvania pollution
  2. Rossi: Cole is simply not good enough for Pirates
  3. Ligonier Township authority plans line flushing
  4. Penguins recall Maatta in time for season opener in Dallas
  5. New-look Steelers secondary is gaining some cohesion
  6. Coal industry seeks unusual partner in UN green climate fund
  7. Mecca pilgrimage death toll at 1,399
  8. FBI, other authorities serve search warrant on methadone clinic near Uniontown
  9. Peters Township’s Bruce captures WPIAL Class AAA golf title
  10. Opening season away from home may be a good thing, Penguins say
  11. Rostraver garbage collection vote delayed