Tag: Act 47

Farrell, PA – Today, on behalf of Governor Wolf, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced that the City of Farrell’s status as a distressed municipality under Act 47 is terminated. Farrell is the 15th municipality to exit Act 47. “Farrell’s commitment to rebuilding a strong and vibrant community is exemplary,” […]
For more than 30 years, the city of Aliquippa has been designated as financially distressed under the Municipalities Financial Recovery Act, more commonly known as Act 47. Administered by the Department of Community and Economic Development (DCED), Act 47 assists Pennsylvania municipalities experiencing severe financial difficulties to ensure the health, safety, and welfare of their […]
The Department of Community and Economic Development (DCED) administers the Municipalities Financial Recovery Act, Act of 1987, P.L. 246, No. 47. Under Act 47, DCED has a responsibility to assist Pennsylvania municipalities that are experiencing severe financial difficulties in order to ensure the health, safety and welfare of their citizens. Altoona was designated as financially […]
Harrisburg, PA – Today, on behalf of Governor Wolf, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced that the City of Altoona’s status as a distressed municipality under Act 47 is terminated. Altoona is the 13th municipality to exit the program and completed the fastest exit of distressed status by a city. […]