Deciding to create an affordable housing trust fund is one thing, deciding how to fund it is another.
After approving an affordable housing trust fund last year, the Pittsburgh City Council is still looking for ways to fund the $10 million annual fund it set as a goal.
Adam Smeltz reports that the City Council hoped the Affordable Housing trust Fund would "go toward down-payment assistance, foreclosure prevention and other efforts to bolster housing for the city’s low- and moderate-income families."
Before the fund can become a reality, the City Council needs to decide on a proposed increase in the transfer tax to generate revenues for the fund. Also a possibility: using revenue from soon-to-expire tax credits. "Controller Michael Lamb’s office is assessing how much new revenue could emerge as tax relief designed to encourage development in 2007 comes to an end," reports Smeltz.
The City Council must approve a budget for the city, including the funding for the Affordable Housing Trust Fund, by the end of the year.
FULL STORY: How to pay for an affordable housing fund? Pittsburgh council still weighing options
Defunct Pittsburgh Power Plant to Become Residential Tower
A decommissioned steam heat plant will be redeveloped into almost 100 affordable housing units.
Pittsburgh Excels at Low-Cost, Quick-Build Traffic Calming
The city’s traffic calming initiative has led to a 6 percent average reduction in speeds on corridors with recent interventions.
Downtown Pittsburgh Set to Gain 1,300 New Housing Units
Pittsburgh’s office buildings, many of which date back to the early 20th century, are prime candidates for conversion to housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Defunct Pittsburgh Power Plant to Become Residential Tower
A decommissioned steam heat plant will be redeveloped into almost 100 affordable housing units.
Trump Prompts Restructuring of Transportation Research Board in “Unprecedented Overreach”
The TRB has eliminated more than half of its committees including those focused on climate, equity, and cities.
Amtrak Rolls Out New Orleans to Alabama “Mardi Gras” Train
The new service will operate morning and evening departures between Mobile and New Orleans.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont