Tag: TIF

Redeveloping the Lower Hill

Late in the summer, the Mayor of Pittsburgh announced that he wanted to establish the largest ever Tax Increment Financing district (TIF) in the City

Read More »

LTV Site Redevelopment Edging Toward Reality?

Recent announcements from the URA and the RIDC indicate that progress is being made on the long and winding road toward a redevelopment of the LTV Hazelwood site that was idled in the late 1990s just before LTV filed for bankruptcy. The 178 acre site was purchased by a consortium of foundations calling itself Almono for nearly $10 million in 2002 after a squabble with the Mayor who wanted to use eminent domain to acquire the site.  The Mayor relented after the foundations agreed to hire a private developer. 

Read More »

Taxing Bodies in a TIF…or Two

We’ve said it before, we’ll say it again: subsidies beget subsidies. Instead of doing what proponents of publicly-funded development believe will happen-that a publicly-funded anchor

Read More »

Airport Area Deep with TIFs

On the heels of yesterday’s editorial on the resurgence of activity for tax increment financing, Allegheny County Council is scheduled to debate the merits of

Read More »