CDFA is proud to announce the new CDFA.net website. A year in the making, this new site provides all of CDFA's vast resources with better style, navigation and resources. New additions to the website include state focus pages. Check out events, news, and resources available in Pennsylvania and all that we have to offer today.

In 2017, PIDA has approved $12.4 million in low-interest loans that have resulted in $20.4 million in private investment. Over the last month PIDA approved $1.87 million in low-interest loans for four projects in Beaver, Bucks, Lancaster, and Mifflin counties that will generate nearly $3.4 million in private investments.

The 2016 Keystone Innovation Zone Tax Credits are $15 million in tax credits that are available to startup companies in certain geographic areas throughout the state. Keystone Innovation Zones were originally created as part of former Governor Rendell's plan to encourage startup growth throughout Pennsylvania.

The Keystone Communities program is designed to encourage the creation of partnerships between the public and private sectors in the community that jointly support local initiatives such as the growth and stability of neighborhoods; social and economic diversity; and a strong and secure quality of life.

A Lackawanna County, Pa., court was scheduled Monday to hear a petition by a Scranton taxpayer group that alleges the distressed city's tripling of its local services tax is illegal.

A cost-savings proposal in the governor's budget for fiscal 2017-18 would convert an array of state tax credits into a block grant. That would enable officials to give priority to those tax credits providing the greatest opportunities for business investment, education access, and community development.

Companies that receive state funding for job creation would face stricter oversight under Governor Tom Wolf's 2017-18 budget proposal, with revenue collected from companies that fall short helping fund a new apprenticeship program.

This course will consider how incentives are being used in today's economic environment and outline steps that are being taken to reduce risk and achieve better outcomes. In particular, this course will address the characteristics of well-designed incentive programs and processes to ensure meaningful impact, value, and accountability.

Join the CDFA Pennsylvania Financing Roundtable for a special one-day Webinar. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Pennsylvania economy going forward.

>>> SEARCH HEADLINES   

Premium Sponsor