PennDOT finalized a $899 million Rapid Bridge Replacement P3 deal. According to NCPPP, PennDOT will lower cost for each bridge from an average of $2 million to $1.6 million.

The Allentown NIZ Development Authority board approved returning more than $16 million in excess revenue to the state, city and school district, according to The Express-Times.

According to NewsWorks, Philadelphia is home to a range of EB-5 projects. The Navy Yard project in particular has emerged as a major regional destination for employment and the EB-5 program has allowed for much of its success.

Philadelphia has experienced a healthy year of public-aided development including a $33 million tax increment financing package, according to PlanPhilly. The Philadelphia City Council approved the TIF late last year for the development of a downtown hotel located on the site of a former parking lot.

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.

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