Pittsburgh City Council agrees to transfer tax increase
For many families, buying a house in Pittsburgh will be a little more expensive come next year. City Council on Tuesday approved a controversial increase in realty transfer taxes, bumping them from 4 percent to 4.5 percent effective Feb. 1. Extra revenue from the...Affordable-housing advocates challenge Pittsburgh City Council on Housing Opportunity Fund inaction
In 2016, Pittsburgh City Council voted unanimously to create the Housing Opportunity Fund to help address the shortage of affordable housing in the city, but a year later, council has been unable to come together to decide on a way to put any money into the fund....Housing Opportunity Fund Remains Unfunded, Prompts Two Hours of Public Debate
Nearly seven months after Pittsburgh City Council voted to create a fund for affordable housing and neighborhood rehabilitation, it’s still not clear where the money will come from. Two bills before Council center on one option: an increase to the realty transfer tax....Brian O’Neill: Somebody’s going to pay for affordable housing
The realty transfer tax increase would raise $9 million a year to create an affordable housing trust fund. The city is short about 17,000 homes affordable enough for the working poor.
Pittsburgh wants an affordable housing fund, but hasn’t figured out how to pay for it
More than 50 witnesses testified to members of the council Wednesday on the creation of a Housing Opportunity Fund. The legislation would set aside millions each year for affordable housing.
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