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Community
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The Steel Valley Authority is a regional development authority that has received national and international acclaim as one of the most innovative economic revitalization initiatives in the U.S. Organized as an inter-municipal development agency, the SVA represents the City of Pittsburgh and 11 municipalities in the Mon Valley.
The SVA's long-term strategy has been to organize a regionally-based community development and industrial re-investment strategy which supports democratic, high performance workplaces. Some of these initiatives will enable workers and communities to better survive the current economic hard times.
The Authority has, since its founding in 1986, focused exclusively on its core mission, and has developed nationally-recognized expertise in our core areas of jobs, community and capital:
- COMMUNITY: The SVA has collaborated with communities to identify and obtain state and federal resources for industrial community redevelopment, and to revitalize our industrial neighborhoods, mill towns and mill sites over the years. The SVA has also conducted numerous strategic research projects to help revitalize our economy.
- JOBS: The SVA has fostered cooperative strategies to retain and create jobs, and has worked with the state to pioneer a twenty-one county manufacturing retention in Western Pennsylvania. The SVA has been providing new coordination to monitor and respond to/avert economic dislocation, through a regional retention team.
- CAPITAL: The SVA has developed new capital initiatives and alternative investment strategies for pension funds, such as the creation of a regional investment fund for small manufacturing businesses in Pittsburgh and the region, connected to a network of national labor-sponsored private capital funds.
The programs of the SVA are managed by a professional, dedicated staff. The SVA Board is comprised of up to three citizen delegates from each member community, and has been providing leadership from a broad cross section of the community, from community leaders and legislators to retired steelworkers and union officers to small business owners and investment experts.
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