Central PA's LGBT News Source

$12.65 million in grants

Lancaster City is on the move

Posted 1/2/18

Matching the stir of recent economic development, the Commonwealth Financing Authority recently approved project grants and loans totaling $12.65 million in Lancaster City.Grants include –

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$12.65 million in grants

Lancaster City is on the move

Posted

Matching the stir of recent economic development, the Commonwealth Financing Authority recently approved project grants and loans totaling $12.65 million in Lancaster City
The grants include:

  • A $175,000 Greenways, Trails and Recreation Program for Farnum Park renovations
  • A $1.225 million Multimodal Transportation Fund Program grant for S. Duke St. improvements that include improving ADA accessibility, the addition of a roundabout, street lighting and bike lane construction. This fund provides grants to encourage economic development and ensure that a safe and reliable system of transportation is available
  • A $2 million Business in Our Sites grant and $3 million Business in Our Sites loan for developing City Gate Corporate Center, projected to create 500 jobs.
  • An EDC Finance Corporation award for a $6.25 million Building PA loan to renovate Hotel Lancaster. 

An independent agency of the Pennsylvania Department of Community and Economic Development, the Commonwealth Financing Authority is charged with overseeing the funding of programs and investments in Pennsylvania’s economic growth.