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​Pittsburgh Economic & Industrial Development Corporation

The Pittsburgh Economic & Industrial Development Corporation (PEIDC) serves as Pittsburgh’s industrial development corporation for real estate development.

The Pittsburgh Economic & Industrial Development Corporation (PEIDC) was established in 1995 to serve as the City of Pittsburgh’s industrial development corporation for real estate development. It is a member-based organization with its membership consisting of private real estate developers, community development organizations, lenders and development professionals.

With Internal Revenue Service 501 (c) (3) non-profit corporation status and certification from the Pennsylvania Industrial Development Authority (PIDA), the PEIDC is able to purchase real estate for development, obtain private and public financing including low-interest PIDA loans, and sell or lease real estate; all for projects where private real estate developers will not or cannot undertake industrial or commercial development projects.

 

About PIDA Loans

The PIDA provides low-cost loans and lines of credit to Pennsylvania businesses committed to creating and retaining jobs within the state of Pennsylvania. Businesses located within the City of Pittsburgh can access PIDA loans through the URA.

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Questions?

For more information, please contact David Serbin, Director of PEIDC, at dserbin@ura.org or James Reid at 412.426.5684 or jreid@ura.org.

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