Mar 26, 2026Board meeting
Allegheny County Industrial Development Authority, Allegheny County Higher Education Building Authority, and Allegheny County Residential Finance Authority Regular Board of Directors Meeting Minutes
The boards reviewed financial reports, including the ratification of bills payable, balance sheets, and statements of revenue and expenses for all represented authorities. For the Industrial Development Authority, authorization was granted to approve and submit an updated Five-Year Plan for the EDA-Revolving Loan Fund. For the Residential Finance Authority, the board approved the allocation of up to $3,000,000 in non-restricted funds to establish a closing cost-downpayment program and entered into an agreement with ACTION-Housing, Inc. for program administration.