Governor Wolf Announces Investments for 78 Community Development and Infrastructure Projects

March 16, 2018

Harrisburg, PA – Today, Governor Tom Wolf announced 78 new project approvals through the Commonwealth Financing Authority (CFA) drawing from the Local Share Account (LSA) for Luzerne County and the Pipeline Investment Program (PIPE). The projects will support community development initiatives throughout Luzerne County for building renovations, blight elimination, infrastructure improvement, and will bring natural gas energy to 270 properties in Monroe County.

“These projects throughout Luzerne County will make the area a better place to live, work, and play,” Governor Wolf said. “From making critical infrastructure improvements, to enhancing community buildings and programs, to purchasing police equipment, these projects perfectly represent why the Local Share Account program is so important for our communities. This is truly great news for Luzerne County families and businesses.”

The LSA for Luzerne County was established under the CFA as part of Act 71, known as the PA Race Horse Development and Gaming Act. The act enables the CFA to use gaming funds to provide funds for public interest, community improvement, economic development, and roadway improvement projects in the county.

Under state law, licensed gaming facilities are assessed a fee to support and enhance their host communities and mitigate the impact of gaming. Funds in the account are generated by licensed gaming facilities operating in the state.

The 77 projects totaling $11.7 million approved at today’s CFA meeting using funds from the Luzerne County LSA can be found highlighted in yellow on the list of CFA Approved Projects – Local Share Account.

Also approved in today’s CFA meeting was the PIPE project that will bring natural gas energy to approximately 270 households, businesses, and other properties in Monroe County. The Monroe County Industrial Development Authority was approved for a $980,000 grant to construct a natural gas line extension along the Route 611 corridor in Pocono Township to the Monroe County Transit Authority. The total project cost is $2.7 million.

Created by the Wolf Administration in November 2016, PIPE provides grants to construct the last few miles of natural gas distribution lines to business parks and existing manufacturing and industrial enterprises, which will result in the creation of new economic base jobs in the commonwealth while providing access to natural gas for residents. Applicants eligible for PIPE funding include businesses, economic development organizations, hospitals, municipalities, and school districts.

For more information about the Commonwealth Financing Authority or the Department of Community and Economic Development (DCED), visit the DCED website.

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