Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

City School Board Oks Tax Diversion Plan for Strip District Development

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

City School Board Oks Tax Diversion Plan for Strip District Development

Article excerpt

The proposed tax increment financing plan for upgrades in the Strip District took another step forward Monday as it received formal approval from the Pittsburgh Public Schools board.

The board voted unanimously to approve the plan, or TIF, which would divert several million dollars in new taxes toward public improvements as part of the redevelopment of the historic produce terminal on Smallman Street. The plan next needs to be approved by the city and Allegheny County.

The work is meant to bolster pedestrian access, safety and circulation amid the terminal project. Under the TIF, the Urban Redevelopment Authority would divert 75 percent of new property tax revenue from the produce terminal and an adjacent redevelopment over 19 years to pay off a $3. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.