Pittsburgh City Council looks to attract developers with tax abatement extensions

Pittsburgh City Council looks to attract developers with tax abatement extensions

Two ordinances were introduced by Pittsburgh City Council on Tuesday that would extend the application period for tax exemptions for real estate developers until the end of 2017.

The bills were moved into the council’s Committee on Intergovernmental Affairs, chaired by Councilman Dan Gilman. Gilman declined to comment for this article.

The bills aim to extend the application deadline for developers to earn tax abatements on newly built or renovated properties in the Uptown District, Downtown Districts and 27 neighborhoods that the city has deemed Targeted Growth Zones.

Wednesday, June 7, 2017/Author: Iain Oldman
Categories: Pittsburgh
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