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Pittsburgh City Council OKs realty tax hike to build affordable housing

Dec 19, 2017 | Affordable Housing, Media Coverage

Pittsburgh City Council on Tuesday voted to increase the city’s realty transfer tax by 25 percent to help increase housing options for families living at or near the poverty line. The tax on property sales would increase in two phases by 0.5 percent. It would...

Pittsburgh City Council agrees to transfer tax increase

Dec 19, 2017 | Affordable Housing, Media Coverage

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

Nov 16, 2017 | Affordable Housing, Media Coverage

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

Jul 19, 2017 | Affordable Housing, Media Coverage

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

Sep 28, 2016 | Affordable Housing, Media Coverage

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

Sep 28, 2016 | Affordable Housing, Media Coverage

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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