Pittsburgh Land Bank Board of Directors Meeting - 10/9/26

The Pittsburgh Land Bank Board of Directors met on October 9, 2026. The board approved the September 2026 meeting minutes and financial statements, and discussed cash flow, property-sale revenue, and preparation of the 2027 budget. Staff reported that paperwork for a City of Pittsburgh PGO contract was nearing completion; no contract amount was stated. The board approved five property actions. Resolution 70 authorized acquisition of 382 city-owned parcels in Larimer for preparation and sale to support new single-family housing; the resolution was amended to require funding to be in hand before acquisition. The URA is reviewing about 14 responses to its RFI and will vet prospective developers, with site preparation and acquisitions expected to be phased as developers and funding become available. Resolutions 71 and 72 authorized transfers to Module Design Inc. (or an affiliate) and RA360 LLC (or an affiliate), respectively, with title-clearing costs capped at $22,500 and $52,500; the Module transaction was amended to make acquisition contingent on receipt of funding. The RA360 proposal covered seven parcels in Allentown.

The board also approved transferring two parcels to East Liberty Development Inc. (or an affiliate) for up to $15,000 to support an affordable-housing project and its New Markets Tax Credit application; acquisition is contingent on grant funding for the project. Resolution 74 authorized transfer of a Winfield Street parcel to Kathy Kokal (or an affiliate) for up to $15,500, supporting her plan to build a single-family home, contingent on her completing the purchase of an adjoining parcel. Staff reported 27 property sales so far this year and provided updates on the residential rehabilitation program and upcoming property listings. The approved property actions and funding conditions will shape future land transfers and housing-development opportunities.