Borough of Braddock Exits Distressed Status
After 35 years, the Borough of Braddock in Allegheny County is no longer considered distressed under Act 47. The state Department of Community and Economic Development announced yesterday that it has terminated Braddock Borough’s distressed status due to improvements in its management practices and fiscal situation, including elimination of long-term debt obligations.
U.S. Sen. John Fetterman, who served as the mayor of Braddock from 2006 to 2019, congratulated the borough on the achievement, noting the “many years of hard work to get back on track and get its finances in order.” Braddock is the 24th municipality to recover from distressed status under Act 47. After the infusion of American Rescue Plan funding, (in addition to internal process improvements) there are only six remaining distressed cities and one borough in Pennsylvania, down from a high of nearly three dozen. There are no distressed townships. Click here to read more.