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Commonwealth of Pennsylvania Lisa J. Yaffe, Deputy Executive Director

Government Tools for Mixed Use and Commercial Development. Commonwealth of Pennsylvania Lisa J. Yaffe, Deputy Executive Director Governor Ed Rendell’s Office of Housing and Community Revitalization June 22, 2005. MAKING AN IMPACT. Our troubles are over!. Come visit.

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Commonwealth of Pennsylvania Lisa J. Yaffe, Deputy Executive Director

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  1. Government Tools for Mixed Use and Commercial Development Commonwealth of Pennsylvania Lisa J. Yaffe, Deputy Executive Director Governor Ed Rendell’s Office of Housing and Community Revitalization June 22, 2005

  2. MAKING AN IMPACT

  3. Our troubles are over! Come visit The History of Wax Paper Museum

  4. While we appreciate your enthusiastic support Senator… Show us the money!

  5. Getting to YES

  6. We ain’t Moses and this ain’t Mount Sinai

  7. City of Greensburg/ Seton Hill University

  8. Greensburg Seton Hill Unv

  9. Sources Theatre and Music Center RACP $5,000,000 McCune Foundation $ 750,000 Seton Hill University $4,870,000 City of Greensburg $ 350,000 HUD/EDI (Specter) $ 500,000 SHU Inn/Hospitality Neighborhood Assistance Tax Credits $ 250,000 Housing and Redevelopment Assistance $ 388,000 Quad Park Growing Greener $ 750,000 U.S. DOT (Specter) $ 500,000 City of Greensburg/Seton Hill University

  10. Parking (replacement for 197 spaces) DGS construction of new L&I office bldg on Main Street with parking $2,000,000 Palace Theatre & Stark Building Renovation Westmoreland Trust $3,061,640 RCAP (Gov. Ridge) $3,000,000 Student Housing $ 500,000 Streetscape/Utility Improvement (College & Harrison Ave) Hometown Streets $ 250,000 Housing and Redevelopment Assistance $ 250,000 Rehab of Commercial Properties (Rialto Apts. Jazz Bar) Main Street Program $ 400,000 TOTAL $23,379,640 City of Greensburg/Seton Hill University Sources

  11. Impact Warren

  12. Warren

  13. Impact Warren HOUSING AND COMMERCIAL PHFA (Homeownership Choice Program $1,500,000 PHFA (PennHOMES) $ 995,400 City of Warren (CDBG) $ 400,000 County of Warren (Act 137) $ 70,000 Warren Foundation $ 250,000 Northwest Regional Planning (ARC) $ 500,000 Federal Home Loan Bank $ 500,000 Warren Senior Center $ 250,000 DCED (HOME – For Sale) $ 300,000 DCED (HOME – Rental) $ 500,000 DCED (Communities of Opportunity) $ 250,000 Rural Housing Service $ 75,000 Permanent Financing/Sales Proceeds $4,760,980 Private Equity $7,770,020 SUBTOTAL $18,121,400

  14. Impact Warren RECREATION/HOSPITALITY/TOURISM Tax Increment Financing $2,250,000 KOZ Sales Tax Forgiveness $ 385,000 City of Warren – ED Funds $ 250,000 Northwest Regional Planning (LDD) $ 500,000 Rural Housing Service $ 75,000 DCNR – Growing Greener $ 500,000 Equity $7,580,000 SUBTOTAL $11,540,000

  15. NORTHWEST SAVINGS BANK EXPANSION Private Equity – NWSB $9,000,000 MUNICIPAL PARKING FACILITY PA Redevelopment Capital Assistance $8,200,000 Impact Warren TRANSPORTATION TEA-21 Earmark $4,004,747 PennDOT – Transit $1,434,500 PennDOT – Road Turnback Program $ 618,291 TEA-21 Enhancement $ 250,000 City of Warren – ED Funds $ 475,000 SUB-TOTAL $6,782,538

  16. Be a Bird Dog!!

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