grant
Act 47 - Loan Program
Provides loan and grant funds to financially distressed local governments as well as technical assistance to formulate financial recovery plans.
Source
Agency: Pennsylvania Community & Economic Development
Dates
Application Opens: January 1, 2024
Application Deadline: December 31, 2035
Eligibility
location:pennsylvania
nonprofit
1. Technical Assistance Projects that:<br />*provide services to a community or region to enhance business developlment.<br />*Meet the criteria for immediate, permanent job creation/retention or strategic plan impementation.<br />2. Construction and infrastructure development including site preparation, water,sewer, broadband, or other needed improvements.<br />3. Industrial site development.<br />4. Local access road<br />5Local government assistance projects providing for service consolidation, management assistance or any other arrangements directed to more effective delivery of programs and services.<br />6. Acquisition and development business incubator or multi-tenant facilities.<br />7. Destination or asset-based tourism.<br />8. Not-for-profit entities.
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