Pennsylvania grant & resource directory - pa house
Pennsylvania grant & resource directory - pa house
Pennsylvania grant & resource directory - pa house
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DEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT (DCED)<br />
Phone: 1 (866) G0-NEWPA / 1 (866) 466-3972 www.new<strong>pa</strong>.com<br />
GRANT/LOAN<br />
Act 47 – Munici<strong>pa</strong>lities Financial Recovery Act –<br />
Following a designation of distress, provides for the<br />
development of a comprehensive recovery plan to achieve long<br />
term fiscal stability by a DCED appointed Coordinator. Also<br />
provides for loan and <strong>grant</strong> funds to implement recovery plan<br />
recommendations. Only local governments are eligible to<br />
apply.<br />
Alternative and Clean Energy Program – provides <strong>grant</strong> or<br />
loan funds for the utilization, development and construction<br />
of alternative and clean energy projects in the Commonwealth.<br />
Loans: Loans for manufacturers of alternative and/or clean<br />
energy generation equipment or components shall not<br />
exceed $35,000 for every new job created within three years<br />
after approval of the loan. Loans for any alternative energy<br />
production or clean energy project shall not exceed $5 million<br />
or 50 percent of the total project cost, whichever is less.<br />
Grants: Grants for manufacturers of alternative and/or clean<br />
energy generation equipment or components shall not exceed<br />
$10,000 for every job projected to be created by the business<br />
within three years after approval of the <strong>grant</strong>. Grants for any<br />
alternative energy production or clean energy project shall not<br />
exceed $2 million or 50% of the total project cost, whichever<br />
is less. The maximum <strong>grant</strong> amount for an Energy Savings<br />
Contract (ESCO).<br />
Guarantees: Grants shall not exceed $5 million and have a<br />
term of not more than five years. In the event of a default, the<br />
<strong>grant</strong> will <strong>pa</strong>y up to 75% of the deficiency. Eligible applicants<br />
are business, economic development organizations or political<br />
subdivisions.<br />
DEADLINE / REGULATIONS<br />
Contact – 1-866-GO-NEWPA (1-866-466-<br />
3972) or ReadySetSucceed@newPA.com<br />
Contact – 1-866-GO-NEWPA (1-866-466-<br />
3972) or ReadySetSucceed@newPA.com<br />
PENNSYLVANIA DEPARTMENTS<br />
Ap<strong>pa</strong>lachian Regional Commission (ARC) – The<br />
Ap<strong>pa</strong>lachian Development Center is the conduit for <strong>resource</strong>s<br />
provided by the federal government’s Ap<strong>pa</strong>lachian Regional<br />
Commission (ARC). ARC is a unique <strong>pa</strong>rtnership composed<br />
of the governors of the 13 Ap<strong>pa</strong>lachian states and a presidential<br />
appointee representing the federal government. Grassroots<br />
<strong>pa</strong>rtici<strong>pa</strong>tion is provided through Local Development Districts<br />
(LDDs) – multi-county organizations with boards made up<br />
of elected officials, businesspeople and other local leaders.<br />
Eligible are economic development organizations, nonprofit<br />
entities, local government in Ap<strong>pa</strong>lachia PA. Funding is used<br />
for skill and knowledge, physical infrastructure, community<br />
ca<strong>pa</strong>city building, dynamic local economies and health care.<br />
Contact – 1-866-GO-NEWPA (1-866-466-<br />
3972) or ReadySetSucceed@newPA.com<br />
Apply through a Local Development District (LDD).<br />
PA Grant & Resource Directory<br />
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