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The Urban Redevelopment Authority of Pittsburgh (URA) serves as the city’s economic development enterprise, focusing on investment in equitable growth. It specializes in bridging public and private interests to foster meaningful developments that advance housing affordability, economic mobility, entrepreneurship, and comprehensive neighborhood revitalization. The organization employs strategic initiatives to create and sustain quality jobs, cultivate thriving communities, and support sustainable businesses across Pittsburgh.
The URA was incorporated in 1946, emerging as one of Pennsylvania's inaugural redevelopment authorities under the Urban Redevelopment Law of 1945. This establishment, championed by corporate and civic leaders and notably helmed by Mayor David Lawrence, was driven by the critical insight that a dedicated entity was needed for comprehensive post-war urban renewal. This vision enabled the URA to orchestrate landmark projects, including the nation's first privately financed downtown redevelopment, Gateway Center.
Pittsburgh residents, businesses, and neighborhoods are the primary beneficiaries of the URA’s efforts, alongside homeowners, developers, and entrepreneurs who engage with its programs. The Authority’s long-term vision is centered on building a prosperous and equitable economy for every Pittsburgher, ensuring that development is inclusive and creates lasting benefits throughout the city’s diverse communities.
Urban Redevelopment Authority of Pittsburgh has 1 tracked investment across 1 company. The latest tracked deal is $2.0M Seed in Kloopify in February 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 1, 2023 | Kloopify | $2.0M Seed | Black Tech Nation Ventures | Jenny Fielding, Scott Hartley, Hypothesis, Innovation Works, The Fund, Unity NOW Fund |