# Urban Redevelopment Authority of Pittsburgh

Urban Redevelopment Authority of Pittsburgh is a Government / Public Body based in Pittsburgh, United States.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Pittsburgh, United States
- **Region:** North America
- **Address:** Pittsburgh, PA, United States
- **Founded:** 1946
- **Assets under management:** Undisclosed
- **Website:** www.ura.org
- **LinkedIn:** https://www.linkedin.com/company/urban-redevelopment-authority-of-pittsburgh

## Regulatory record

- **Reports private funds:** No

## About

Successful economic development is not just about building projects, it’s about building people and forming mutually beneficial partnerships to transform the places in which we live for the betterment of all.

## Sectors

- Real Estate
- Infrastructure
- Community Development

## People

- Susheela Nemani-Stanger — Executive Director

## Questions

### How does the URA fund its redevelopment activities?

The authority uses a layered capital stack that includes tax increment financing, federal Community Development Block Grants, state redevelopment assistance, and bond issuance. Program income from land sales and loan repayments also recycles into the balance sheet. It does not operate as a private fund and does not raise outside limited partner capital.

### What is the relationship between the URA and the City of Pittsburgh?

The URA is a component unit of the City of Pittsburgh, governed by a board appointed by the mayor. It acts as the city's primary development arm but maintains separate legal and financial structures to issue debt and hold property independently of the city's general fund.

### What is Hazelwood Green and why does it represent the URA's investment posture?

Hazelwood Green is a 178-acre former LTV Steel site along the Monongahela River that the URA and its partners have been redeveloping since the early 2000s. It exemplifies the authority's ability to hold and remediate industrial land over decades before delivering vertical development that includes autonomous vehicle testing facilities, university research labs, and public riverfront access.

### How does the URA's Housing Opportunity Fund operate?

The Housing Opportunity Fund is administered by the URA using dedicated city funds allocated annually. It provides gap financing for affordable rental and for-sale housing development, rental assistance programs, and home repair grants for low-income homeowners. It works alongside the Pittsburgh Housing Development Corporation, the URA's nonprofit housing affiliate.

### Who are the URA's typical co-investors?

The URA routinely co-invests with philanthropic foundations including The Heinz Endowments, federal agencies such as HUD and the EPA, state agencies including the Pennsylvania Department of Community and Economic Development, and private developers selected through public RFP processes.

### Is the URA subject to public records and open meetings laws?

Yes. As a public body and component unit of the City of Pittsburgh, the URA operates under Pennsylvania's Sunshine Act and Right-to-Know Law. Board meetings are public, budgets are disclosed, and board agenda materials are posted on the agency's website.

## Related profiles

- [Urban Financial Advisory](https://altss.com/profile/urban-financial-advisory)
- [Urban Wealth Management](https://altss.com/profile/urban-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

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