Harrisburg – December 22, 2017 – Two grants totaling $1.5 million have been approved for two key projects in his district, state Sen. Art Haywood (D-Philadelphia/Montgomery) said today.
“There is no question that these state grants will generate local benefits for years to come,” Haywood said. “It is essential that more state resources are available to help fund key local projects.”
Haywood said that Wyndmoor Properties LLC which is working on the Wyndmoor Redevelopment Project will receive a $500,000 state grant and the Chestnut Hill College of the Sisters of St. Joseph is slated for a $1 million grant for its Building for Academics: The Classrooms project.
Haywood said he was pleased that Gov. Tom Wolf has made investing state dollars into important local projects a priority.
The funding is being provided through the state’s Redevelopment Assistance Capital Program (RACP). The program funds important economic initiatives as well as cultural and historical improvements.
Haywood said that he believes the capital budget dollars provide a large pool of resources to fund large projects. The funding for the projects is itemized in an appropriation bill that is approved by the General Assembly.
“I am pleased to support important projects that help spur economic growth and enhance our communities,” Haywood said. “Drawing down state dollars helps leverage local funds.
“We need to build our wage base, support working families and craft and even brighter future and we can do that by investing in important education and job creation initiatives.”
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