Tag Archives: Economic Development

Call your Rep to support corona virus relief bill S 3548

Thanks to all of you that called Senators Toomey and Casey yesterday to support S 3548, the bill that will provide $2 trillion in relief for our communities due to the corona virus outbreak. Both Senators voted in favor of the bill, which passed the Senate and is now off to the House. Now it’s […]

Victory! City Council passes bill to guarantee $500,000 for CDC economic development

City Council unanimously approved Bill No. 180621 on Thursday, June 21st that will ensure that $500,000 more per year is made available for the economic development work of CDCs. Read PACDC’s letter to City Council urging them to approve the bill.  Originally, the bill created 10 new CDC Tax Credit slots, but was amended on […]

CDC Tax Credit Expansion Bill Clears Council Finance Committee

A bill to expand the CDC Tax Credit Program by another 10 slots unanimously passed City Council’s Finance Committee on Tuesday, May 22, 2018. Sponsored by Councilman Bobby Henon, the bill would strengthen the organizational capacity of CDCs to engage in neighborhood economic development work by providing $100,000 per year for 10-years for qualifying CDCs. […]