Infrastructure Bank provides funding for community projects
Since 2018, the county Infrastructure Bank has provided $40 million in low-interest and subsidized loans for 13 projects vital to the economy and health of communities.
Funded by disbursements from fees from Act 13 that the state imposes on natural gas wells, the bank was created with the philosophy to help municipalities and municipal authorities afford long-lasting improvements.
“It really was a philosophy,” said Mark Gordon, the county’s chief of economic development and planning, who administers the program.
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