The Urban Redevelopment Authority of Pittsburgh (URA) is the City of Pittsburgh’s economic development enterprise, committed to building a prosperous and equitable economy for the City. The URA helps bridge public and private interests to invest in financially viable equitable developments that promote housing affordability, economic mobility, entrepreneurship and neighborhood revitalization. Its work creates and sustains quality jobs, thriving neighborhoods, healthy communities and sustainable businesses for the benefit of all Pittsburghers.

Impact

As of 2015, nearly $3billion in private investment has been leveraged by $336million in tax increment financing administered by the URA – a leverage ratio of 9 to 1. Between 2006 and 2012, the URA: