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TEFRA Inperium Project

  • STARTMay 18th - 10:00am

  • VENUETeleconference

May 18 @ 10:00 am EDT

NOTICE OF PUBLIC HEARING CONDUCTED BY THE PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY WITH RESPECT TO NOT TO EXCEED $156,823,000 OF PUBLIC FINANCE AUTHORITY REVENUE BONDS (INPERIUM PROJECT) SERIES 2026 AND NOT TO EXCEED $18,000,000 PUBLIC FINANCE AUTHORITY REVENUE BONDS (INPERIUM PROJECT) SERIES 2024

Notice is hereby given that on May 18, 2026, a public hearing, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”), will be held by the Pennsylvania Economic Development Financing Authority (“PEDFA”) with respect to (i) the proposed issuance by the Public Finance Authority (the “Authority”) of its Revenue Bonds (Inperium Project) Series 2026 in one or more series (the “2026 Bonds”), in an amount not to exceed $156,823,000 (as further detailed below) and (ii) the change in use of proceeds (the “Available 2024 Proceeds”) of previously issued Public Finance Authority Revenue Bonds (Inperium Project) Series 2024 in the maximum principal amount of $18,000,000 (as further detailed below) (the “2024 Bonds”, and together with the 2026 Bonds, the “Bonds”), a portion of which in an amount not to exceed $133,757,000 (not to exceed $115,757,000 of the 2026 Bonds and not to exceed $18,000,000 of the 2024 Bonds), will be allocated to and used in the Commonwealth of Pennsylvania.  The Bonds will constitute “qualified 501(c)(3) bonds” within the meaning of Section 145(a) of the Code.  The hearing will commence at 10:00 am, or as soon thereafter as the matter can be heard.  Pursuant to Internal Revenue Procedure 2022-20, the hearing will be held via conference call by dialing the toll-free number 888-535-7020 and then when prompted, passcode 355 645 410#.

The Bonds are expected to be issued pursuant to Section 66.0304 of the Wisconsin Statutes, as amended, by the Authority, a commission organized under and pursuant to the provisions of Section 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, as amended.

PROJECT:

Inperium, Inc., a Pennsylvania nonprofit corporation that is exempt from federal income tax as an organization described in Section 501(c)(3) of the Code (together with its affiliates or assigns, including, but not limited to, the affiliate owners referenced on Exhibit A below, the “Borrower“), and is the parent corporation of a network of multiple affiliated corporations and limited liability companies that offer a diverse array of human services, has requested the Authority to issue the Bonds, the proceeds of which will be loaned to the Borrower and, together with other available funds (including, but not limited to, Available 2024 Proceeds) used to pay all or a portion of the costs of a project (the “Project”) consisting of:

  1. the acqui­sition of, or the reimbursement of acquisition costs related to, three nonprofit, federally tax-exempt 501(c)(3) providers of human services, KidsPeace Corporation, Children & Family Services Corporation and Crystal Lake Supportive Environments Inc. d/b/a Attain, Inc., and their respective tax-exempt affiliates (the “Acquired Providers”) with facilities and integrated operations offering an array of human services, including, but not limited to, mental and behavioral health services, located in Pennsylvania, Florida, Indiana and Maine (the “Acquisition Jurisdictions”) through the purchase of sole membership interests in such Acquired Providers;
  2. the construction, improve­ment, and/or equipping of the facilities of the Borrower, including, but not limited to, the facilities of the Acquired Providers located in the Acquisition Jurisdictions (the “Construction Jurisdiction”);
  3. the refinancing of lines of credit used by Borrower to fund some or a portion of the purchase of the membership interests of some or all of the Acquired Providers;
  4. the acquisition by Borrower of information technology software and equipment to be part of its headquarters network located in Reading, Pennsylvania, for the delivery of its exempt services (the “Technology Jurisdiction”); and
  5. the funding of required reserves and certain costs of issuance.

The Acquisition Jurisdictions and Technology Jurisdiction are collectively referred to herein as the “Project Jurisdic­tions“.

Available 2024 Proceeds will be allocated to the cost of acquiring KidsPeace Corporation and to the refinancing of lines of credit used by Borrower to fund such acquisition.

2026 BONDS:

The maximum principal amount of the Bonds issued for the Project is further detailed as follows:

KidsPeace Corporation in Pennsylvania* and Maine $113,045,000
Children & Family Services Corporation in Indiana $  11,423,000
Crystal Lake Supportive Environments Inc. d/b/a Attain, Inc. in Florida $  26,412,000
Technology acquisition and capital expenditures* $    5,943,000
      TOTAL $156,823,000

 * The Project Jurisdictions located in Pennsylvania for which the hearing is being held are more fully detailed in Exhibit A below.

2024 BONDS:

The maximum principal amount of the 2024 Bonds being allocated to the Project is as follows:

Acquisition of KidsPeace Corporation in Pennsylvania* and Maine        $18,000,000

* The Project Jurisdiction located in Pennsylvania for which the hearing is being held is more fully detailed in Exhibit A below.

All of the facilities and equipment to be financed or refinanced with the proceeds of the Bonds are or will be initially owned and/or operated by the Borrower either directly, as a sole corporate member or otherwise.  The 2026 Bonds will be, and the 2024 Bonds are, special limited obligations of the Authority payable solely from the loan repayments to be made by the Borrower to the Authority, and certain funds and accounts established by the bond indenture for each of the 2026 Bonds and 2024 Bonds, respectively.  The Bonds will not be a debt or other obligation of the Authority or of any other governmental entity in the State of Wisconsin, nor the Pennsylvania Economic Development Financing Authority or of any other governmental entity in the Commonwealth of Pennsylvania.  This notice is given pursuant to the provisions of Section 147(f) of the Code, Section 66.0304(11)(a) of the Wisconsin Statutes and Section 4 of the Amended and Restated Joint Exercise of Powers Agreement Relating to the Public Finance Authority.

The hearing will provide a reasonable opportunity to be heard for persons wishing to express their views on the merits of the Project, its Pennsylvania locations, the issuance of the 2026 Bonds for the Project, the 2024 Bonds and the application of the Available 2024 Proceeds to the Project, and/or related matters.  Oral comments will be limited to 10 minutes per speaker.  A person wishing to speak at the hearing will be asked to provide his or her name, address and the person(s’) or entity(ies) he or she represents, if any, prior to speaking.  Written comments will be accepted by Pennsylvania Economic Development Financing Authority c/o Craig Petrasic, Executive Director at crpetrasic@pa.gov but must be received by the start of the hearing.

Dated:  May 8, 2026

Exhibit A – Project Jurisdiction in Pennsylvania

PENNSYLVANIA

Affiliate Owner Address City State Zip County
KidsPeace Corporation 1620 Broadway  Bethlehem PA 18015 Lehigh
  1630 Broadway  Bethlehem PA 18015 Lehigh
  1636 Broadway  Bethlehem PA 18015 Lehigh
  1650 Broadway  Bethlehem PA 18015 Lehigh
KidsPeace Corporation 801 E Green Street Allentown PA 18103 Lehigh
KidsPeace Corporation 704 Hay Road Temple PA 19560 Berks
KidsPeace Corporation 5300 Kidspeace Drive Orefield PA 18069 Lehigh
KidsPeace Corporation 4085 Independence Drive Schnecksville PA 18078 Lehigh
Inperium, Inc. 3929 Perkiomen Avenue Reading PA 19606 Berks
ACE 527 E Lancaster Avenue Shillington PA 19607 Berks
Affinity (CHOR Youth and Family Services) 1227 Fidelity Street Reading PA 19604 Berks
Apis Services 3929 Perkiomen Avenue Reading PA 19606 Berks
Apis Services 121 W Cherry Street West Reading PA 19611 Berks
Children’s Home of Reading 1006-1023 Centre Avenue Reading PA 19601 Berks
Children’s Home of Reading 1040 Nicolls Street Reading PA 19604 Berks
CHOR Youth and Family Services 1185 Mosser Road Breinigsville PA 18031 Lehigh
CHOR Youth and Family Services 227 North 5th Street Reading PA 19601 Berks
CHOR Youth and Family Services 485 Walnut Road Birdsboro PA 19508 Berks
CHOR Youth and Family Services 220 N 5th Street Reading PA 19601 Berks
Resources for Human Development 120 West Ardmore Avenue Ardmore PA 19003 Montgomery
Resources for Human Development 131 North Main Street Ambler PA 19002 Montgomery
Resources for Human Development 7931 Green Lane Wyncote PA 19095 Montgomery
Resources for Human Development 636 Almond Road Walnutport PA 18088 Northampton
Resources for Human Development 5037 Woodland Avenue Philadelphia PA 19143 Philadelphia
Resources for Human Development 2212 Moreland Road Abington PA 19001 Montgomery
Resources for Human Development 552 Cathedral Road Philadelphia PA 19128 Philadelphia
Resources for Human Development 1402 Drayton Lane Wynnewood PA 19096 Montgomery
Resources for Human Development 4576 Clover Hill Circle Walnutport PA 18088 Northampton
Resources for Human Development 4800 North 5th Street Philadelphia PA 19120 Philadelphia
Resources for Human Development 609 West Wingohocking St. Philadelphia PA 19140 Philadelphia
Resources for Human Development 4742 4752 Upland Street LOT Philadelphia PA 19143 Philadelphia
Resources for Human Development 4729 Reinhard Street LOT Philadelphia PA 19143 Philadelphia
Resources for Human Development 5323 North 13th Street LOT Philadelphia PA 19141 Philadelphia
Resources for Human Development 6400 Germantown Ave Philadelphia PA 19144 Philadelphia
Resources for Human Development 1057 Belvoir Rd Plymouth Meeting PA 19462 Montgomery
Resources for Human Development 430 North 32nd Street Philadelphia PA 19104 Philadelphia
Resources for Human Development 1419 1421 Powell Street Norristown PA 19401 Montgomery
Resources for Human Development 873 Beechwood Road Havertown PA 19083 Montgomery
Resources for Human Development 4820 Hazel Avenue Philadelphia PA 19143 Philadelphia
Resources for Human Development 219 221 East Freedley Street Norristown PA 19401 Montgomery
Resources for Human Development 352 Oldt Road Breiningsville PA 18031 Lehigh
Resources for Human Development 102 East Church Road Elkins Park PA 19027 Montgomery
Resources for Human Development 3838 Friedens Road Slatington PA 18080 Lehigh
Resources for Human Development 313 West Spring Avenue Ardmore PA 19003 Montgomery
Resources for Human Development 3606 Hecktown Road Bethlehem PA 18020 Northampton
Resources for Human Development 599 Paoli Avenue Philadelphia PA 19128 Philadelphia
Resources for Human Development 2475 Ackermanville Road Bangor PA 18013 Northampton
Resources for Human Development 2317 Coles Boulevard East Norriton PA 19401 Montgomery
Resources for Human Development 321 East Walnut Lane Philadelphia PA 19144 Philadelphia
Resources for Human Development 33 North Preston Street Philadelphia PA 19104 Philadelphia
Resources for Human Development 683 Rennard Street Philadelphia PA 19116 Philadelphia
Resources for Human Development 920 Karoly Street Freemensburg PA 18017 Northampton
Resources for Human Development 9314 Rising Sun Avenue Philadelphia PA 19115 Philadelphia
Resources for Human Development 901 Dekalb Street Norristown PA 19401 Montgomery
Resources for Human Development 110 Haws Avenue Norristown PA 19401 Montgomery
Resources for Human Development 140 Neyhart Road Stroudsburg PA 18360 Monroe
Resources for Human Development 3212 3214 Baring Street Philadelphia PA 19104 Philadelphia
Resources for Human Development 2148 Schultz Road Lansdale PA 19446 Montgomery
Resources for Human Development 576 Fairthorne Avenue Philadelphia PA 19128 Philadelphia
Resources for Human Development 123 Trisha Street Tatamy PA 18085 Northampton
Resources for Human Development 3214 Highland Drive Easton PA 18045 Northampton
Resources for Human Development 6302 Baynton Street Philadelphia PA 19144 Philadelphia
Resources for Human Development 3653 3655 North 15th Street Philadelphia PA 19140 Philadelphia
Resources for Human Development 310 Middleton Place West Norriton PA 19403 Montgomery
Resources for Human Development 427 East 4th Street Bethlehem PA 18020 Northhampton
Resources for Human Development 303 Middleton Place West Norriton PA 19403 Montgomery
Resources for Human Development 312 Middleton Place West Norriton PA 19403 Montgomery
Resources for Human Development 311 Middleton Place West Norriton PA 19403 Montgomery
Resources for Human Development 1028 1030 Butler Street Easton PA 18042 Northhampton
Resources for Human Development 810 Monongahela Avenue Glassport PA 15045 Allegheny
Resources for Human Development 5804 Osage Avenue Philadelphia PA 19143 Philadelphia
Resources for Human Development (Floracer) 1772 Rockwell Road Abington PA 19001 Montgomery
Supportive Concepts 412 Montgomery Avenue Reading PA 19606 Berks
Supportive Concepts 651 West Madison Avenue Mohnton PA 19540 Berks
Supportive Concepts 940 Schoffers Road Birdsboro PA 19508 Berks
Supportive Concepts 540 Adamstown Road Reinholds PA 17569 Lancaster
Supportive Concepts 3308 Regency Drive Sinking Spring PA 19608 Berks
Supportive Concepts 219 New Castle Drive Reading PA 19607 Berks
Supportive Concepts 1325 Philip Avenue Birdsboro PA 19508 Berks
Supportive Concepts 57 Sagebrook Drive Reading PA 19606 Berks
Supportive Concepts 401 Schoffers Road Reading PA 19606 Berks
Supportive Concepts 6 Josephs Way Reading PA 19606 Berks
Supportive Concepts 49 Township Line Road Douglassville PA 19518 Berks
Supportive Concepts 155 Koffee Lane Kutztown Borough PA 19530 Berks
Supportive Concepts 2 Okmed Drive Reading PA 19606 Berks
Supportive Concepts 117 Wood Lane Reading PA 19606 Berks
Supportive Concepts 110 Rodney Plaza Exeter PA 19508 Berks
Supportive Concepts 129 Fairmont Avenue Reading PA 19606 Berks
Supportive Concepts 315 Clifton Avenue Reading PA 19611 Berks
Supportive Concepts 1613 Liberty Avenue Kenhorst Borough PA 19607 Berks
Supportive Concepts 1613-1615 Liberty Ave – Garage Kenhorst PA 19607 Berks
Supportive Concepts 1613-1615 Liberty Avenue Kenhorst PA 19607 Berks
Supportive Concepts 227 Spruce Street Emmaus Borough PA 18049 Lehigh
Supportive Concepts 3846 Fish Hatchery Road Allentown PA 18103 Lehigh
Supportive Concepts 310 Willow Wood Drive Douglassville PA 19518 Berks
Supportive Concepts 4808 Club Drive Reading PA 19606 Berks
Supportive Concepts 306 Glenwood Drive Birdsboro PA 19508 Berks
Supportive Concepts 353 Bird Street Birdsboro PA 19508 Berks
Supportive Concepts 311 Laurelwood Drive Douglassville PA 19518 Berks
Supportive Concepts 100 East Gold Street Shillington PA 19607 Berks
Supportive Concepts 517 West 3rd Street Birdsboro PA 19508 Berks
Supportive Concepts 1393 Old River Road Birdsboro PA 19508 Berks
Supportive Concepts 1676 Heilmandale Road Reading PA 19606 Lebanon
Supportive Concepts 117 Mount Penn Road Shillington PA 19607 Berks
Supportive Concepts 428 Meadowview Drive Lebanon PA 17042 Lebanon
Supportive Concepts 111 Primrose Lane Pottstown PA 19464 Montgomery
Supportive Concepts 75 Cynthia Drive Carnegie PA 15106 Allegheny
Supportive Concepts 8020 Ferguson Valley Road McVeytown PA 17051 Mifflin
Supportive Concepts 36 Scenic Drive Lewistown PA 17044 Mifflin
Supportive Concepts 150 Brannon Lane Lewistown PA 17044 Mifflin

 

Details

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  • Teleconference
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