Pittsburgh council gives initial approval to $55 million in bonds for capital projects
Tribune-Review file TribLIVE's Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox. With Pittsburgh poised to float more than $55 million in new bonds for its 2021 capital improvement projects, city council members Wednesday heard from the city’s finance director about interest rates reaching historic lows. Council member discussed the potential to borrow even more to pay for affordable housing projects. The expected interest rate when the bonds are issued in March will be slightly less than the 2.5% rate for the city’s 2020 bond ...