Over $700K approved for local non-profits
More than $700,000 in state funding was recently approved for non-profits in our area through the Neighborhood Assistance Program.
A part of the $26.5 Million approved Friday by state government are aimed at funding community participation a collaborations among nonprofits, businesses and residents in low-income areas.
Among those approved are: STEP Inc. $18,750; The New Love Center, in Jersey Shore, $75,000; Williamsport Regional Medical Center, $590,975; and the Lock Haven University Foundation, $24,750.
“Since taking office, my administration has been focused on the needs of all Pennsylvanians-no matter where they live-by helping them build stronger communities, schools, and business climates,” said Gov. Tom Wolf. “The Neighborhood Assistance Program demonstrates the value of public-private cooperation in ensuring the health of our communities, and the benefits that Pennsylvanians see through these partnerships.”
NAP encourages private sector investment into projects that will help improve distressed communities by providing tax credits to businesses that donate capital to support projects that address neighborhood and community problems. NAP can be used for projects in categories including affordable housing, community services, crime prevention, education, job training, charitable food, blight, special population issues, veteran’s initiatives, and long-term community revitalization.
The new approvals raise the total amount of funding under the Wolf administration to $99 million in NAP tax credits supporting 677 projects statewide. The investment will result in $395 million in additional funds leveraged through corporate contributions.
“The Neighborhood Assistance Program is an invaluable resource available to distressed communities, helping them forge meaningful partnerships to create impactful change,” said Department of Community and Economic Development Secretary Dennis Davin. “I look forward to seeing how these projects will improve communities across the commonwealth and the quality of life for the residents who call those communities home.”