Governor Wolf Announces Investments in 79 Community Development, Infrastructure Projects in Monroe and Surrounding Counties

Harrisburg, PA – Today, Governor Tom Wolf announced several new project approvals through the Commonwealth Financing Authority (CFA) drawing from the Local Share Account (LSA) for Monroe County. The projects will support community development initiatives throughout Monroe County, as well as Carbon, Lackawanna, Northampton, Pike, and Wayne counties.

“The Local Share Account gives us the opportunity to use gaming funds responsibly and in a way that benefits communities within Monroe County and its surrounding counties,” Governor Wolf said. “These projects will further the economic and community development in the region, and is great news for area residents and businesses.”

The LSA for Monroe County was established under the CFA as part of Act 71, known as the PA Race Horse Development and Gaming Act. The act enables the CFA to use gaming funds to provide funds for public interest, community improvement, economic development, and roadway improvement projects in Monroe County and its contiguous counties.

Under state law, licensed gaming facilities are assessed a fee to support and enhance their host communities and mitigate the impact of gaming. Funds in the account are generated by licensed gaming facilities operating in the state.

The 79 projects totaling $10 million approved at today’s CFA meeting using funds from the Monroe County LSA can be found highlighted in yellow on the list of CFA Approved Projects – Local Share Account.

For more information about the Commonwealth Financing Authority or DCED, visit the DCED website, and be sure to stay up-to-date with all of our agency news on Facebook, Twitter, and LinkedIn.

MEDIA CONTACTS:
J.J. Abbott, Governor’s Office, 717.783.1116
David Smith, DCED, 717.783.1132

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