Governor Tom Wolf's new budget could allow for millions of extra dollars to be put in to the Allentown Neighborhood Improvement Zone. According to The Morning Call, the extra money would come from a proposed cigarette tax increase.

According to the Philadelphia Tribune, the South Philadelphia-based Center for Health and Literacy project will be funded by $26M in new markets tax credits through the City First Bank of DC. The funding will be shared with two other low income neighborhoods in both DC and Maryland.

According to the Morning Call, restaurant developers can recapture 24 percent of the taxes paid on alcohol last year to pay off construction loans.

Pittsburgh Business Times reports that a new venture utilizing the EB-5 program aims to finance a number of projects in southwestern Pennsylvania.

As a part of the USDA's commitment to strengthening rural economies, a state-by-state "Made in Rural America" report has been released for each state. Each state's fact sheet highlights specific USDA investments in rural businesses, manufacturing, energy, water, and other infrastructure development.

June 11, 2015, Harrisburg, PA
Join the CDFA Pennsylvania Financing Roundtable for the fourth annual conference. This one-day event will feature a number of economic development finance experts from around the state discussing new development finance tools, authorities, resources and approaches, and how these methods can affect the Pennsylvania economy going forward.

The CDFA Scholarship Program, Presented by Public Financial Management, Inc., is designed to support members and non-members who cannot afford the cost of registration fees. Scholarships are available for several different types of CDFA events, including the National Summit, CDFA Training Institute Courses, and State Roundtable Conferences. View the scholarship application to learn more about requirements and available scholarships.

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