Pittsburg has launched an Enhanced Infrastructure Financing District aimed at funding community development without levying new taxes on residents. The initiative earmarks a portion of property growth tax revenue to finance around 17 potential projects, including marina upgrades and the redevelopment of the former U.S. Steel site. Community and Economic Development Director Jordan Davis emphasized that while these projects are prioritized, actual implementations will depend on funding and community needs. The district will utilize increased property tax revenues from new developments, allocating 75% to the general fund and 25% to the district.
"I don't think we have a project we're focused on as much as a responsibility to the community that we're focused on, and that's figuring out ways to bring jobs," said Davis.
"These are 17-ish projects that we see as things that we would do tomorrow if we had the money, but they are in no means guarantees," added Davis.
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