Community Revitalization Desktop Guide

Key State Urban Revitalization Programs DCED PROGRAM MAIN STREET PROGRAM Grants to municipalities to help a community’s downtown economic development effort through the establishment of a local organization dedicated to downtown revitalization and the management of downtown revitalization efforts by hiring a fulltime professional downtown coordinator. Eligibility: Grants to municipalities to help a community’s downtown economic development effort through the establishment of a local organization dedicated to downtown revitalization and the management of downtown revitalization efforts by hiring a fulltime professional downtown coordinator. Uses: Administrative Costs associated with Main Street Manager positions and ofﬁces; Physical improvements supported by downtown plan for Downtown Reinvestment Component; Acquisition costs and physical building improvements for Anchor Building component. Where To Apply: Customer Service Center, Single Application for Assistance. Amounts: Main Street: $115,000 over a 5-year period; Downtown Reinvestment and Anchor Building components: up to $250,000 or not to exceed 30% of project costs. Terms: Match required. HOUSING AND REDEVELOPMENT ASSISTANCE (HRA) Provides state-funded grants for community revitalization and economic development activities at the local level. The program assists the community in becoming competitive for business retention, expansion and attraction. Eligibility: Local Governments; Redevelopment Authorities; Housing Authorities; Nonproﬁts on a case by case basis. Uses: Community revitalization and economic development; Development or rehabilitation of housing. Where To Apply: Customer Service Center, Single Application for Assistance. Amounts: No minimum or Maximum; Typical grants average between $150,000 and $200,000. Terms: Refer to Program Guidelines. INFRASTRUCTURE DEVELOPMENT PROGRAM (IDP) Grant and low-interest loan ﬁnancing for public and private infrastructure improvements. Eligibility: Municipalities, industrial development authorities and corporations, municipal authorities, redevelopment authorities and local development districts may apply for IDP assistance for themselves or on behalf of eligible private companies engaged in: agriculture, industrial, manufacturing, research and development, and export services; Real estate developers who are developing sites for eligible private companies. Uses: Transportation facilities, airports; Clearing and preparation of land and environmental remediation; Water and sewer systems, storm sewers; Energy facilities; Parking facilities; Bridges, waterways; Rail and Port facilities; At former industrial sites only: land and building acquisition, construction and renovation by private developers; Telecommunications infrastructure. Where To Apply: Industrial Development Corporation and Authorities; Municipalities; Municipal authorities; Redevelopment authorities; Local development districts. Amounts: Loans and grants up to $1.25 million; No more than 20% of the annual appropriation for a single municipality; No more than 10% of the annual appropriation will be loans or granted to applicant for speculative Greenﬁeld projects not involving private companies. Terms: Grants for public infrastructure; Loans to private businesses at 3% interest rate; Up to 15-year term; 2:1 private to public match required; $25,000 cost per job to be created within ﬁve years or 10 new full-time equivalent jobs (whichever is greater). ELM STREET PROGRAM Grant funds for planning, technical assistance and physical improvements to residential and mixed use areas in proximity to central business districts. Eligibility: Municipalities; Redevelopment Authorities; Nonproﬁt Main Street Organizations; Economic Development Organizations; Neighborhood Improvement districts. Uses: Revitalization of residential and mixed use neighborhoods; Administration costs to support an Elm Street Program. Where To Apply: Customer Service Center, Single Application for Assistance. Amounts: Up to $250,000. Terms: Administrative costs associated with hiring a full-time manager and related ofﬁce expenses over a maximum ﬁve-year program term (includes one planning year and four operational years.); Minimum 10% local match required; If a part time manager is appropriate a reduction in total grant and match will occur. 33 GOAL TWO: PREPARE REDEVELOPMENT AREA FOR MARKET step three: ﬁnd public ﬁnancing resources and create incentives

Table of Contents Feed for the Digital Edition of Community Revitalization Desktop Guide

PA Community Revitalization Desktop Guide Table of Contents How To Attract High Impact Investment to Core Communities Goal One: Choose One Asset-Rich Redevelopment Area Interviews with Pennsylvania Mayors Goal Two: Prepare Redevelopment Area for Market Interviews with Developers who Have Invested in Pennsylvania Cities and Towns Goal Three: Welcome Investment Interviews with Developers who Have Invested in Pennsylvania Cities and Towns Goal Four: Apply Strategies That Work Conclusion

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