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Pittsburgh City Council

City's Land Bank Needs Additional Funding.

Written by Amy Whipple

  • The Pittsburgh Land Bank is a public entity that acquires, manages, and sells vacant, abandoned, and tax-delinquent properties. It had 62 properties in its inventory in 2024.
  • The Bank had been funded through American Rescue Plan Act money and will reach a shortfall after 2026
  • Acting Director Stadelman said the Bank is not self-sustaining. It’s part of the affordable housing pipeline, and property is sold at the City’s processing cost. ($7,500 for land; $10,000 for a structure)
  • She noted that upfront investments could keep structures from being abandoned/on the demolition list. This could eventually end the need for a land bank.
  • Councilmember Wilson proposed a Task Force on Sustainable Funding for the Pittsburgh Land Bank to develop recommendations for long-term financial stability
  • The Task Force will have 9 members drawn from Land Bank administration, its Board, City departments, and the URA.
  • The Task Force will begin immediately after Council’s final vote next week. Their report will be due 90 days from the group’s first meeting so it can be used to assist in creating the 2026 City budget.

Connections to this story

Topics:
Housing & Land Use
Governments:
Pittsburgh City Council
Public meetings:
City Council · May 29, 2025
Sources:
Resolution 2025-1854 — amending and supplementing Resolution entitled, "Resolution establishing a Task Force on Sustainable Funding for the…

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