Harrisburg, PA – Today, Governor Tom Wolf announced the availability of $20 million in grant funding for cultural organizations and museums to offset lost revenue caused by the COVID-19 pandemic and the resulting shutdown order. The Commonwealth Financing Authority (CFA) today approved the program guidelines for the COVID-19 Cultural and Museum Preservation Grant Program, which […]
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced that the Pennsylvania Industrial Development Authority (PIDA), Pennsylvania Minority Business Development Authority (PMBDA), and Commonwealth Financing Authority (CFA) are extending business loan deferrals by three additional calendar months. “As we work on safely reopening Pennsylvania and as businesses continue to […]
Wolf Administration Approves $10.8 Million in New COVID-19 Working Capital Access Program Funding
June 5, 2020
Restaurants, Fitness Facilities, Salons Supported with New Capital Funding Harrisburg, PA – Today, on behalf of Governor Tom Wolf, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced that 133 companies have been approved for funding in the final disbursement of the COVID-19 Working Capital Access Program (CWCA). The latest cohort of businesses […]
DCED Announces Funding to Create Jobs, Lower Energy Costs for Residents and Businesses in Luzerne County
May 18, 2020
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced a new Pipeline Investment Program (PIPE) project approval through the Commonwealth Financing Authority (CFA), that will bring natural gas energy to households and businesses in Luzerne County. “The PIPE program provides a lifeline to residents and businesses across the commonwealth […]
Harrisburg, PA – Today, Governor Tom Wolf announced the approval of four projects through the Commonwealth Financing Authority (CFA) that will spur economic development, create jobs, and support Pennsylvania’s agriculture industry. “As we look toward the future after we emerge from the COVID-19 pandemic, it is critical that we make smart, strategic investments that will […]
COVID-19 Working Capital Access Program Provides Relief to Hundreds of Additional Businesses
May 4, 2020
$14 Million in New Funds Awarded to Businesses in 39 Counties Harrisburg, PA – Today, on behalf of Governor Tom Wolf, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced that 173 companies in 39 counties have received $14 million in funding during the third round of the COVID-19 Working Capital Access Program […]
Harrisburg, PA — Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced that the Pennsylvania Industrial Development Authority (PIDA), Pennsylvania Minority Business Development Authority (PMBDA), and Commonwealth Financing Authority (CFA) are deferring loans and that the maturity dates and amortization schedules of all applicable loans are extended by three additional calendar months. […]
Governor Wolf: New Investments Will Help Farming Community Capture the Opportunities in Agriculture
January 22, 2020
Harrisburg, PA – Today, Governor Tom Wolf announced the approval of funding to assist dairy producers and expand agriculture options for 51 agriculture projects throughout the commonwealth. “My administration is committed to supporting Pennsylvania’s agriculture industry, investing in projects that will help dairy producers capture new opportunities and projects that will support the future of […]
New State Funding Will Support Venture Capital Investments in Pennsylvania Businesses
January 22, 2020
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced a new Venture Capital Investment Program project approval through the Commonwealth Financing Authority (CFA) that will invest primarily in lower middle-market manufacturing and business service companies. “Venture capital investments not only help support businesses across Pennsylvania, but support the creation […]
DCED Announces Funding to Lower Energy Costs for Residents and Businesses in Three Pennsylvania Counties
January 22, 2020
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced four new project approvals through the Commonwealth Financing Authority (CFA) that will install and extend natural gas pipeline service to households and businesses in Chester, Monroe, and Northampton counties. “Pennsylvania has an abundance of natural gas resources available, and the […]
Pennsylvania Infuses Nearly $79.3 Million into Infrastructure Improvements in 42 Counties
November 13, 2019
Harrisburg, PA – Governor Tom Wolf today announced the approval of 141 new projects through the Multimodal Transportation Fund (MTF). The projects will improve Pennsylvania’s transportation infrastructure and ensure safer, more reliable transportation for residents and businesses. The projects total nearly $79.3 million in funding. “Supporting Pennsylvania’s infrastructure supports our communities and our economy,” said […]
Wolf Administration Announces New Investment to Develop New Mixed-Use Urban Center in North Philadelphia
November 12, 2019
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced a new Pipeline Investment Program (PIPE) project approval through the Commonwealth Financing Authority (CFA), to extend high-pressure gas lines to redevelop the North Station Transit neighborhood in the City of Philadelphia. “The PIPE program helps create jobs, lower energy bills, […]
Harrisburg, PA – Today, the Pennsylvania Department of Community and Economic Development (DCED) announced the approval of an agriculture project through the Commonwealth Financing Authority (CFA) that will use a $400,000 First Industries Fund (FIF) loan to purchase a 103-acre dairy farm in Blair County. “Pennsylvania’s dairy industry has faced its share of challenges over […]
More than 150 New Projects Will Improve Infrastructure, Enhance Community Development, and Protect Our Environment
September 17, 2019
Harrisburg, PA – Today, Secretary of the Department of Community and Economic Development Dennis Davin announced 151 new project approvals through the Commonwealth Financing Authority (CFA) for environmental and infrastructure projects in counties across Pennsylvania. “It’s important to take a holistic approach to investing in our communities, recognizing that there are intrinsic links between environmental […]
DCED Announces Funding to Help Reduce Energy Costs for Residents and Businesses in Bradford, Lancaster, and Lebanon Counties
September 17, 2019
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced three new Pipeline Investment Program (PIPE) project approvals through the Commonwealth Financing Authority (CFA), that will bring natural gas energy to households, schools, and businesses in Bradford, Lancaster, and Lebanon counties. Combined, the projects will also support the creation of […]
Governor Wolf Announces New Investments in Business Expansion, Agriculture Projects
September 17, 2019
Harrisburg, PA – Today, Governor Tom Wolf announced the approval of five projects through the Commonwealth Financing Authority (CFA) that will assist with the construction of new, energy efficient buildings in Lancaster and Beaver counties, and will create or expand agriculture operations. The approved projects, totaling $7.5 million in grants and loans, were funded through […]
DCED Announces Investments to Bring Low-Cost Energy to Residents and Businesses in Crawford and Wayne Counties
May 22, 2019
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced two new Pipeline Investment Program (PIPE) project approvals through the Commonwealth Financing Authority (CFA), that will bring natural gas energy to households and help develop pad-ready sites for businesses to occupy and create family-sustaining jobs in Crawford and Wayne counties. […]
DCED Announces More Than $53 Million in New Investments to Attract Businesses, Create Jobs, and Expand Energy Infrastructure
March 27, 2019
Harrisburg, PA – Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced the approval of 10 projects through the Commonwealth Financing Authority (CFA) that will develop pad-ready sites for businesses to occupy and expand natural gas access across Pennsylvania. The approved projects, totaling more than $53 million in grants and loans, will increase Pennsylvania’s […]
Harrisburg, PA – Today, Governor Tom Wolf announced the approval of more than $8 million in grants and low-interest loans to support Pennsylvania’s farms, including $5 million in grants awarded through the new Pennsylvania Dairy Investment Program. “We created the Pennsylvania Dairy Investment Program last year with one purpose: to help Pennsylvania’s dairy farmers,” Governor […]
Harrisburg, PA – Governor Tom Wolf today announced 106 new project approvals through the Multimodal Transportation Fund (MTF). The projects will improve Pennsylvania’s transportation infrastructure and ensure safer, more reliable transportation for residents and businesses. The projects total $54.7 million in funding. “Infrastructure is one of the most crucial components of Pennsylvania’s economic well-being,” Governor […]
Governor Wolf Announces More Than 350 New Projects to Improve Water Infrastructure, Promote Community Development, and Protect the Environment
September 18, 2018
Harrisburg, PA – Today, Governor Tom Wolf today announced 359 new project approvals through the Commonwealth Financing Authority (CFA): 236 Small Water and Sewer Program projects to protect and improve municipalities’ water systems, and 123 projects using funds collected from the impact fee on unconventional gas wells in the Marcellus Shale which will support public […]
Wolf Administration: New Grant Program is an Investment in Pennsylvania’s Dairy Industry, Farmers
September 18, 2018
Harrisburg, PA – Today, Governor Tom Wolf announced the availability of $5 million in grant funding to help Pennsylvania dairy farmers overcome challenges and capitalize on new opportunities. This historic funding, made available for the first time under the Pennsylvania Dairy Investment Program, is the most recent of several initiatives from the Wolf Administration to […]
Governor Wolf Announces New Funding for Five Projects to Promote Energy Efficiency, Support Farmers, and Spur Economic Development
July 17, 2018
Harrisburg, PA – Governor Tom Wolf today announced five new project approvals through the Commonwealth Financing Authority (CFA), that will benefit Pennsylvania residents and businesses through promoting energy efficiency, providing farmers with crucial loan funding, and building out infrastructure to bring abundant energy to homes and commercial buildings. “To spur economic development in Pennsylvania, it […]
Governor Wolf Announces $20.7 Million in Approved Funding for Seven Business Development Projects, Supporting More Than 1,100 Jobs
May 25, 2017
Harrisburg, PA – Governor Tom Wolf today announced seven new project approvals through the Commonwealth Financing Authority (CFA), totaling more than $20.7 million in funding to support business growth in Pennsylvania that will lead to the creation and retention of more than 1,145 jobs. “Projects like those approved today not only propel business development efforts […]
Governor Wolf Announces More Than $43 Million in Funding to Support 253 Community, Business Development Projects
March 29, 2017
Release Date: March 29, 2017 4:00 pm Author: Heidi Havens Harrisburg, PA – Governor Tom Wolf today announced 253 new project approvals totaling more than $43 million in funding to support business development efforts in Pennsylvania.“The new projects announced today are important for the growth of Pennsylvania’s communities,” said Governor Wolf. “Additionally, through programs like […]
Governor Wolf Announces Newly Approved Funding for Business Development and Job Creation, Supporting More Than 560 Jobs
January 24, 2017
Release Date: January 24, 2017 4:15 pm Author: David Misner Harrisburg, PA – Governor Wolf today announced new project approvals through the Commonwealth Financing Authority (CFA) totaling more than $4 million in funding to support business development growth in Pennsylvania that will lead to the creation and retention of more than 560 jobs. “Working on […]
Governor Wolf Announces $55 Million in Statewide Investments to Support Business Development and Infrastructure Projects
December 6, 2016
Release Date: December 6, 2016 3:30 pm Author: David Misner Harrisburg, PA – Governor Wolf today announced investments to support statewide economic development and infrastructure efforts and job creation through the Commonwealth Financing Authority, which today approved 94 projects totaling $55,068,228 in funding.“The projects approved today through the Commonwealth Financing Authority will serve as a […]
Governor Wolf Announces More Than $14 Million in Shale Impact Fee Funding for Conservation, Environmental Protection, and Local Development Projects
October 24, 2016
Release Date: October 24, 2016 4:15 pm Author: David Misner Harrisburg, PA – Governor Tom Wolf today announced that the Commonwealth Financing Authority (CFA) approved $14 million in funding to support 94 projects through six Act 13 Marcellus Legacy Fund programs designed to support conservation projects and environmental protection measures throughout Pennsylvania. “Using fee revenue […]
Release Date: October 24, 2016 3:45 pm Author: David Misner Harrisburg, PA – Governor Tom Wolf announced today that the Commonwealth Financing Authority (CFA) approved nearly $23 million in low-interest loans to support five new Business in Our Sites (BOS) projects that are projected to create at least 1,156 new, full-time jobs. “Through the Business […]
Release Date: October 24, 2016 3:20 pm Author: David Misner Harrisburg, PA – Governor Tom Wolf announced today that the Commonwealth Financing Authority (CFA) approved funding through the High Performance Building Program to assist with costs associated with construction taking place in Montgomery County. “This project represents an investment into cost-effective and efficient development, energy […]