Tax Increment Financing (TIF) Guarantee Program
Promotes and stimulates the general economic welfare of various regions and communities in the Commonwealth and assists in the development, redevelopment and revitalization of Brownfield and Greenfield sites in accordance with the TIF Act. Offered by PA Department of Community & Economic Development (DCED); awards $5.0M.
Key Facts
- Funder
- PA Department of Community & Economic Development (DCED)
- Award amount
- $5.0M
- Deadline
- Rolling / not specified
- Geography
- Pennsylvania
- Status
- Open
About This Grant
Promotes and stimulates the general economic welfare of various regions and communities in the Commonwealth and assists in the development, redevelopment and revitalization of Brownfield and Greenfield sites in accordance with the TIF Act. The program provides credit enhancement for TIF projects to improve market access and lower capital costs through the use of guarantees to issuers of bonds or other indebtedness. Award: Maximum guarantee amount per project is $5 million Eligibility: All...
Full requirements and application instructions: official listing.
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