Pennsylvania Department of Community and Economic Development

Tom Corbett, Governor

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Building PA

Requirements

Download the guidelines for a complete understanding of the program and the requirements.

Download Guidelines

Overview

Provides mezzanine capital for developers for real estate assets in small to mid-sized Pennsylvania communities.

Uses

Real estate development in small to mid-sized PA communities.

Funding

Loan amount cannot exceed the amount of equity in the project.

Eligibility

Industrial, commercial and multi-use projects.

Terms

Term of the loan can be no more than 10 years with a 25 year amortization. The current interest rate is posted here.

How to Apply

Through an approved fund manager. List of Fund Managers

Purpose of Funding

  • Infrastructure
  • Site Development - Business

Additional Information

List of Fund Managers

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The page was last modified: 01/16/2013