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Act 47 - Loan Program

Pennsylvania Community & Economic Development

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Posted
Feb 21, 2026
Closes
Rolling, no fixed deadline
Last verified
Aug 24, 2026

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Amount

Amount not published by the funder

Who can apply

Financially distressed…

1. Technical Assistance Projects that:*provide services to a community or region to enhance business developlment.*Meet the criteria for immediate, permanent job creation/retention or strategic plan impementation.2. Construction and infrastructure development including site preparation, water,sewer, broadband, or other needed improvements.3. Industrial site development.4. Local access road5Local government assistance projects providing for service consolidation, management assistance or any other arrangements directed to more effective delivery of programs and services.6. Acquisition and development business incubator or multi-tenant facilities.7. Destination or asset-based tourism.8. Not-for-profit entities.

About this opportunity

Provides loan and grant funds to financially distressed local governments as well as technical assistance to formulate financial recovery plans.

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