Tom Lisi is the Developing Pittsburgh reporter at PublicSource. His beat focuses on issues related to economic development, housing and city planning. Previously, Tom worked as a city and special projects reporter at the Herald & Review in Decatur, Illinois, where his investigations uncovered a design flaw in one of the city's largest-ever public works projects and the termination of a village police chief under dubious circumstances. Other past work exposed a buried state budget measure that diverted $300 million from Illinois' transportation budget and a data analysis of housing market disparities between city and county school districts. He is a native New Yorker who is very impressed by Pittsburgh pizza.
PublicSource will report here about notable actions and conversations from the meetings of the City of Pittsburgh’s Planning Commission. The meetings are held at 2 p.m. on every other Tuesday on the 1st floor of the Civic Building at 200 Ross Street.
Pittsburgh housing authority officials say they’ve taken several steps to address concerns raised by residents in Glen Hazel over the November transfer of two subsidized housing developments into private hands.
As part of Develop PGH, PublicSource will report here about notable actions and conversations from the monthly meetings of the Urban Redevelopment Authority [URA]. The meetings are held the second Thursday of each month in the Wherrett Room on the 13th floor at 200 Ross Street. A recap of the May 9, 2019 URA board meeting:
The URA board of directors approved $1.36 million in zero-interest loans to to help finance a $13 million mixed-income housing development in East Liberty. Residents displaced from Penn Plaza will have top priority in the application process. The development at the corner of Station and North Beatty Streets, will feature 25 below-market one-bedroom units with rents between $196 to $609 a month, 12 two-bedroom below-market units with rents between $235 and $777 a month, and 10 one-bedroom market-rate units at $1,700 a month.
Created under Republican-backed Tax Cuts and Jobs Act in December 2017, opportunity zones allow for investment banks and other entities that make money off capital gains — typically hedge funds and other large private investors — to move that income into a fund designated for business and development projects in census tracts that have a disproportionate number of low-income residents. In exchange, the investor can bypass federal taxes on the original capital gains after several years.