|
|
Article: MAYOR RAVENSTAHL CLEARS 11,000 'LIENFIELDS' MAKING WAY FOR NEIGHBORHOOD REDEVELOPMENT
- Article from:
- US Fed News Service, Including US State News
- Article date:
- December 7, 2006
CopyrightCopyright © HT Media Ltd. All Rights Reserved. Provided by ProQuest LLC. (Hide copyright information)
|
The mayor of Pittsburgh issued the following press release:
Mayor Luke Ravenstahl announced today that the City of Pittsburgh is buying back tax-liens on 11,000 parcels of property as part of his plan to encourage economic development in the City's neighborhoods.
"Our neighborhoods can no longer be neglected," said Mayor Luke Ravenstahl. "We are taking the initiative and buying back these 'lienfields.' Now, properties in our City's neighborhoods, previously unavailable for re-development because of their high tax-liens, can finally be developed."
"We've successfully encouraged economic growth by reclaiming industrial sites that have sat unused and called them 'Brownfield's'; now we're ...