Pennsylvania Grant & Resource Directory - Pennsylvania House ...
Pennsylvania Grant & Resource Directory - Pennsylvania House ...
Pennsylvania Grant & Resource Directory - Pennsylvania House ...
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DEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT (DCED)<br />
Phone: 1-866-G0-NEWPA / 1-866-466-3972 www.newpa.com<br />
GRANT/PROGRAM<br />
Solar Energy Program – Activities to promote the generation<br />
and use of solar energy and the manufacture or assembly<br />
of solar equipment.<br />
Loans: Loans for component manufacturers of solar energy<br />
generation equipment up to $35,000 for every new job created<br />
within three years after approval of the loan. Loans for solar<br />
energy generation or distribution projects shall not exceed $5<br />
million or $2.25 per watt, whichever is less.<br />
<strong>Grant</strong>s: <strong>Grant</strong>s for component manufacturers of solar energy<br />
generation equipment up to $5,000 for every new job created<br />
by the business within three years after approval of the grant.<br />
<strong>Grant</strong>s for solar energy generation or distribution projects, solar<br />
research and development facilities, and solar thermal projects<br />
shall not exceed $1 million or $2.25 per watt, whichever is<br />
less. <strong>Grant</strong>s for planning and feasibility studies shall not exceed<br />
50 percent of the total cost of the planning project or $175,000,<br />
whichever is less.<br />
Guarantees: <strong>Grant</strong>s shall not exceed $30 million and have a<br />
term of not more than five years. In the event of a default, the<br />
grant will pay up to 75 percent of the deficiency. Eligible is a<br />
business; an economic development organization; or a political<br />
subdivision, includes municipalities, counties and school districts.<br />
Pending legislation will consolidate this program into the Liberty<br />
Financing Authority (LFA).<br />
CONTACT INFO/DEADLINE<br />
Contact – 1-866-GO-NEWPA / 1-866-466-<br />
3972 or ReadySet Succeed@newPA.com<br />
PENNSYLVANIA DEPARTMENTS<br />
Tax Increment Financing (TIF) Guarantee Program –<br />
Promotes and stimulates the general economic welfare of various<br />
regions and communities in the Commonwealth and assists<br />
in the development, redevelopment and revitalization of<br />
Brownfield and Greenfield sites in accordance with the TIF<br />
Act. Eligible are all municipalities and their authorities, including<br />
boroughs, townships, towns, counties and home rules that<br />
issue TIF bonds to fund local economic development projects.<br />
Pending legislation will consolidate this program into the Liberty<br />
Financing Authority (LFA).<br />
Contact – 1-866-GO-NEWPA / 1-866-466-<br />
3972 or ReadySet Succeed@newPA.com<br />
PA <strong>Grant</strong> & <strong>Resource</strong> <strong>Directory</strong><br />
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