Pennsylvania Gov. Tom Wolf | Wikimedia Commons
Pennsylvania Gov. Tom Wolf | Wikimedia Commons
Pennsylvania Gov. Tom Wolf recently announced that more than $48 million in grant funding has been approved for nine projects to empower communities and economic development partners across the state.
According to a news release by the Governor's Office, $48,710,441 in grants and loans will be provided through the Commonwealth Financing Authority (CFA) for approved Business In Our Sites (BOS) projects. The funding will be used to build an inventory of ready sites for businesses with the goal of attracting businesses to boost the state's economy.
“Pennsylvania’s strong competitive advantage is reinforced by the funding approved today,” Wolf said, according to the news release. “Between our prime location, our skilled workforce, and our excellent infrastructure, the commonwealth has a lot to offer current and potential businesses. This BOS funding is a great tool that provides the resources needed to build pad-ready sites to increase Pennsylvania’s ability to attract and retain businesses.”
Visitors can find more information about the Commonwealth Financing Authority and the Department of Community and Economic Development (DCED) here.
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