12.05.2014 Views

Pennsylvania Grant & Resource Directory - Pennsylvania House ...

Pennsylvania Grant & Resource Directory - Pennsylvania House ...

Pennsylvania Grant & Resource Directory - Pennsylvania House ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

PENNSYLVANIA DEPARTMENTS<br />

DEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT (DCED)<br />

Phone: 1-866-G0-NEWPA / 1-866-466-3972 www.newpa.com<br />

GRANT/PROGRAM<br />

Neighborhood Assistance Program (NAP) – Tax credit<br />

program to encourage businesses to donate capital that can be<br />

used to provide eligible services to low-income persons or distressed<br />

neighborhoods. Eligible are non-profits and for profit<br />

businesses. A project must serve low-income persons or residents<br />

of economically distressed neighborhoods. Projects must<br />

fall under one of the following categories: community services,<br />

crime prevention education, job training or neighborhood assistance.<br />

Neighborhood Assistance, Enterprise Zone Tax Credit<br />

(NAP-EZP) – An incentive program that provides tax credits<br />

to businesses investing in or making physical improvements<br />

to properties located within designated enterprise zones. Eligible<br />

is any business or industry, including insurance companies,<br />

utilities, banks, savings and loans. Used for real property<br />

improvements such as rehab, expansion or physical improvements<br />

to buildings or land located within designated enterprise<br />

zones.<br />

CONTACT INFO/DEADLINE<br />

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

3972 or ReadySet Succeed@newPA.com<br />

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

3972 or ReadySet Succeed@newPA.com<br />

Neighborhood Assistance, Neighborhood Partnership<br />

Program (NAP/NPP) – Corporate tax liability credit for<br />

businesses that sponsor a neighborhood organization to develop<br />

and implement a neighborhood revitalization plan by<br />

contributing a substantial amount of cash per year over an extended<br />

period of time. Eligible are non-profits and for profit<br />

businesses. Programs must serve clients who are low-income<br />

and residents of economically distressed neighborhoods specified<br />

by the neighborhood organization. Projects must fall under<br />

one of the following categories: Housing; education; health and<br />

social services; community development; job training; crime<br />

prevention; and community participation.<br />

Next Generation Farmer Loan Program – The Next Generation<br />

Farmer Loan Program uses federal tax-exempt mortgage<br />

financing to reduce a farmer’s interest rate for capital purchases,<br />

such as the purchase of farm land or agricultural machinery<br />

and equipment. This program is used for agricultural land, agricultural<br />

improvements, and depreciable property. Maximum<br />

loan amount of $470,000 with no more than $62,500 being used<br />

toward the purchase of used equipment<br />

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

3972 or ReadySet Succeed@newPA.com<br />

Contact – Industrial Development Authority;<br />

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

ReadySet Succeed@newPA.com<br />

20<br />

PA <strong>Grant</strong> & <strong>Resource</strong> <strong>Directory</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!