The Municipalities Financial Recovery Act (Act 47) Grant Program
Pennsylvania Department of Community and Economic Development
Description
This grant opportunity is designed to help Pennsylvania municipalities achieve financial stability and ensure they can deliver essential services, pay off debt, and adhere to sound financial practices. It involves identifying financially distressed municipalities, appointing coordinators to create recovery plans, and providing grants and loans for support. All types of municipalities in Pennsylvania, such as counties, cities, boroughs, incorporated towns, and townships, are eligible to apply…
The Municipalities Financial Recovery Act aims to foster fiscal integrity among Pennsylvania municipalities, ensuring they can provide essential services, meet their debt obligations, and maintain proper financial practices. The Act sets forth procedures for determining municipal financial distr…
Source
Agency
Pennsylvania Department of Community and Economic Development
Key Dates
Opportunity Posted
March 13, 2024
Eligibility
The following categories of applicants are invited to apply:
- County governments
- City or township governments
- Residents of Pennsylvania
Awards & Funding
Total Funding
$5M
Funding Amount
~$5
Links
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