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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 />

contribute to environmental contamination are eligible also.<br />

It is used for Phase I, II and III environmental assessments;<br />

remediation of hazardous substances. Grants and loans up to<br />

$200,000 for environmental assessments; Grants and loans up<br />

to $1 million for remediation with interest rates of 2 percent.<br />

Letter of intent is required.<br />

Infrastructure and Facilities Improvement Program—A<br />

multi-year <strong>grant</strong> program that will provide <strong>grant</strong>s to certain<br />

issuers of debt in order to assist with the <strong>pa</strong>yment of debt<br />

service. Eligible are authorities that issue debt for tax<br />

increment financing; redevelopment authorities; convention<br />

center authorities, including munici<strong>pa</strong>l authorities formed<br />

for the purpose of convention center activities; and the<br />

<strong>Pennsylvania</strong> Economic Development Financing Authority.<br />

Used for <strong>pa</strong>yment of debt service incurred by the authority<br />

relating to debt issued for the project.<br />

DEADLINE / REGULATIONS<br />

Contact – 1-866-GO-NEWPA (1-866-466-<br />

3972) or ReadySetSucceed@newPA.com<br />

PENNSYLVANIA DEPARTMENTS<br />

Infrastructure Development Program (IDP)—Provides<br />

<strong>grant</strong> and low-interest loan financing for public and private<br />

infrastructure improvements. Loans and <strong>grant</strong>s up to $1.25<br />

million.<br />

Innovation Partnership (IPart)—Assistance for earlystage<br />

PA technology com<strong>pa</strong>nies applying to Federal Funding<br />

opportunities such as SBIR/STTR. Eligible are early-stage<br />

PA technology com<strong>pa</strong>nies working with an IPart Partners<br />

organization. Used for federal proposal pre<strong>pa</strong>ration assistance.<br />

Job Creation Tax Credits – Program provides a $1,000-perjob<br />

tax credit to businesses that will create new jobs in the<br />

Commonwealth within three years. Must create at least<br />

25 new jobs or new jobs equaling at least 20 percent of the<br />

existing work force.<br />

Keystone Opportunity Zones (KOZ) – Provides state<br />

and local tax abatement to businesses and residents locating<br />

in one of the 12 designated zones. Eligible are qualified<br />

businesses, property owners and residents. Qualified means<br />

you satisfactorily meet the necessary criteria listed in the<br />

Act. It is used for businesses, property owners and residents<br />

that are located in a KOZ, KOEZ/KOIZ are eligible to receive<br />

significant state and local tax benefits.<br />

Contact—Local industrial development<br />

authorities; Local munici<strong>pa</strong>l authorities;<br />

Redevelopment authorities; Local<br />

development districts<br />

1-866-GO-NEWPA (1-866-466-3972) or<br />

ReadySetSucceed@newPA.com<br />

Contact – Refer to program website for<br />

Partner Organizational Contacts<br />

Contact – 1-866-GO-NEWPA (1-866-466-<br />

3972) or ReadySetSucceed@newPA.com<br />

Contact – Regional Zone Coordinators;<br />

DCED Customer Service Center, KOZ<br />

Online Application; 1-866-GO-NEWPA<br />

(866-466-3972) or ReadySetSucceed@<br />

newPA.com<br />

PA Grant & Resource Directory<br />

17

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