Pittsburgh controller blames increased realty transfer tax, disaster response for sagging revenues

Pittsburgh controller blames increased realty transfer tax, disaster response for sagging revenues

City Controller Michael Lamb blamed the city’s increased realty transfer tax for sluggish revenue numbers in the first half of 2018 Tuesday.

“It was an unnecessary increase that has been counterproductive to affordable housing,” Lamb said at a press conference. “We’re fighting to keep families in this city and the tax is an added hurdle in the way of enticing new people into town.”

Tuesday, July 10, 2018/Author: Atiya Irvin-Mitchell
Categories: Pittsburgh
To fend off displacement, councilman suggests deed restrictions on city-owned land

To fend off displacement, councilman suggests deed restrictions on city-owned land

In response to growing concern from residents about displacement should Amazon make Pittsburgh its second home, Councilman Corey O’Connor (District 5) proposed legislation Tuesday placing deed restrictions on between 15 and 20 properties in Hazelwood.

With the former steel mill site of Hazelwood Green seen as a likely Amazon Headquarters location, O’Connor said the properties would be left to lower income residents to help keep them in the neighborhood.

Tuesday, April 17, 2018/Author: Atiya Irvin-Mitchell
Categories: Pittsburgh
Three years on, Pittsburgh Council hears complaints on landlord registry at public hearing

Three years on, Pittsburgh Council hears complaints on landlord registry at public hearing

Pittsburgh City Council held a public hearing on a long talked about policy that requires landlords to register their property Wednesday.

Despite passing in 2015, the ordinance has not yet been enacted because of a legal challenge from a group of local landlords.

Thursday, April 5, 2018/Author: Atiya Irvin-Mitchell
Categories: Pittsburgh
Pittsburgh City Council finalizes realty transfer tax increase to fund affordable housing

Pittsburgh City Council finalizes realty transfer tax increase to fund affordable housing

Nearly a year to the day Pittsburgh City Council first authorized an affordable housing trust fund, it has finally been funded.

In a mid-day vote, City Council approved a staggered raise of the realty transfer tax, a one time fee paid by home buyers, by a 7-2 vote.

Tuesday, December 19, 2017/Author: Stephen Caruso
Categories: Pittsburgh
Pittsburgh City Council members seek funding alternatives to reality transfer tax for housing, early childhood funding

Pittsburgh City Council members seek funding alternatives to reality transfer tax for housing, early childhood funding

A coalition of Pittsburgh City Council members may have found a way to partially fill its Affordable Housing Opportunity Trust Fund, provide funding for early childhood education in the city, and offset a proposed hike in the real estate transfer tax with a package of budget amendments.

Wednesday, December 6, 2017/Author: Alanna Koll
Categories: Pittsburgh
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