Pennsylvania Department of Community and Economic Development

Tom Wolf, Governor
Dennis M. Davin, Acting Secretary

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Commonwealth Financing Authority (CFA)

CFA Application and Approval Schedule

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The Commonwealth Financing Authority (CFA) was established as an independent agency of the commonwealth to administer Pennsylvania's economic stimulus packages. The CFA holds fiduciary responsibility over the funding of programs and investments in Pennsylvania's economic growth.

Open Programs

Abandoned Mine Drainage Abate and Treatment Program (AMDATP)

Applications are being accepted between March 1, 2015 and June 30, 2015. Eligible applicants with questions should call 717-787-6245.

Alternative and Clean Energy Program (ACE)

Applications must be received at least 60 days prior to the next scheduled Authority meeting for consideration. Eligible applicants are encouraged to contact Ryan Emerson at 717-346-8191 to discuss potential projects.

 

Business on Our Sites (BOS) Loans 

Applications are being accepted between April 1, 2015 and July 31, 2015. Eligible applicants with questions should call 717.787.6245.

Baseline Water Quality Data Program

Applications are being accepted between March 1, 2015 and June 30, 2015. Eligible applicants with questions should call 717-787-6245.

Building PA

Applications must be received at least 30 days prior to the next scheduled Authority meeting for consideration. Eligible applicants are encouraged to contact Brian Eckert at 717-787-6245 to discuss potential projects before commencing the application process.

Flood Mitigation Program (FMP)

Applications are being accepted between March 1, 2015 and June 30, 2015. Eligible applicants with questions should call 717-787-6245.

Greenways, Trails and Recreation Program (GTRP)

Applications are being accepted between March 1, 2015 and June 30, 2015. Eligible applicants with questions should call 717-787-6245.

High Performance Building Program (HPB)

Applications must be received at least 60 days prior to the next scheduled Authority meeting for consideration. Eligible applicants are encouraged to contact Brian Eckert at 717-787-6245 to discuss potential projects before commencing the application process.

Multimodal Transportation Fund (MTF)

Applications are being accepted between March 1, 2015 and July 31, 2015. Eligible applicants with questions should call 717-787-6245.

Orphan or Abandoned Well Plugging Program (OAWP)

Applications are being accepted between March 1, 2015 and June 30, 2015. Eligible applicants with questions should call 717-787-6245.

Renewable Energy Program (REP)

Applications must be received at least 60 days prior to the next scheduled Authority meeting for consideration. Eligible applicants are encouraged to contact Blake Swett at 717-720-7344 to discuss potential projects.

Sewage Facilities Program (SWP)

Applications are being accepted between March 1, 2015 and June 30, 2015. Eligible applicants with questions should call 717-787-6245.

Watershed Restoration Protection Program (WRPP)

Applications are being accepted between March 1, 2015 and June 30, 2015. Eligible applicants with questions should call 717-787-6245.

Resources

Closed Programs

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CFA Meeting Schedule

All meetings are open to the public from 10:30 a.m. – 1:00 p.m. unless otherwise noted. Meeting dates are listed below and are subject to change.

Date Location

SPECIAL CFA Board Meeting
March 25, 2015

4:30 p.m
Commonwealth Keystone Building
Conference Room 4 East
400 North Street, 4th Floor
Harrisburg, PA

May 13, 2015
10:30 a.m. - 1:00 p.m.
Commonwealth Keystone Building
PUC Hearing Room #1
400 North Street, 2nd Floor
Harrisburg, PA

CFA Board Members

The CFA is governed by a seven-member board. Board members include:

Dennis M. Davin
Acting Secretary, Department of Community and Economic Development

Dennis M. Davin was appointed to serve as Secretary of the Department of Community and Economic Development in January 2015 by Governor Tom Wolf.

Prior to his appointment, Secretary Davin served for more than a decade as Director of the Allegheny County Department of Economic Development (ACED), where he was responsible for establishing and executing the economic development strategy for Allegheny County. He managed funding from local, state and federal sources to implement economic development activities such as site development, new job creation initiatives, community development, and affordable housing for approximately 1.25 million citizens in 130 municipalities. He also served as Director of the Allegheny County Redevelopment Authority and Executive Director of the Industrial Development Authority, Hospital Development Authority, Higher Education Building Authority, and Residential Finance Authority.

Secretary Davin is a former board member and treasurer of the Allegheny County Airport Authority, a former member of the Pittsburgh Regional Alliance Partnership, Three Rivers Workforce Investment Board, International Economic Development Council, and National Association for Industrial and Office Parks, and a Carnegie Mellon University Center for Economic Development Fellow.

Robin L. Wiessmann
Acting Secretary of Banking and Securities

Robin L. Wiessmann was nominated by Pennsylvania Governor Tom Wolf on January 13, 2015, to serve as Secretary of Banking and Securities.

Acting Secretary Wiessmann provides overall leadership to the Pennsylvania Department of Banking and Securities, which supervises more than 215 Pennsylvania state-chartered banks, credit unions and trust companies; and licenses and registers approximately 220,000 financial services professionals and companies that provide consumer loans, investment services and other financial services. The department also reviews more than 5,000 securities offerings annually.

By virtue of her position as Acting Secretary of Banking and Securities, Wiessmann serves as Chair of the Board of Directors of the Pennsylvania Housing Finance Agency, Vice Chair of the Pennsylvania Banking and Securities Commission and as a board director of six other state government-related entities.

Wiessmann has enjoyed a long career in commercial banking, investment banking, regulatory matters and government service. Early in her career, she worked at Philadelphia National Bank, where she focused on commercial lending and real estate. Throughout her career as a public finance professional, Wiessmann has worked to fund projects related to infrastructure, schools, and hospitals. She has worked extensively on financing plans, credit analysis, securities, and regulatory practices.

Wiessmann served as the Pennsylvania Treasurer from 2007 to 2009, where she was the primary fiduciary and custodian of $120 billion. As Treasurer, she created a new strategic framework, improved institutional investing standards and risk management, and instituted principles-based governance and management practices. Previously, Wiessmann served as a Deputy Director of Finance for the City of Philadelphia, where she managed the city's debt offerings.

Wiessmann was a Founding Principal and President of Artemis Capital Group, the first women-owned investment banking firm on Wall Street. Wiessmann led the firm to rankings among the top 10 municipal underwriters with regard to deal volume. Prior to co-founding Artemis, she served as a Vice President of Public Finance at Goldman Sachs, where she managed business development for the mid-Atlantic region, and executed financing transactions nationwide.

The Acting Secretary served as Chairman of the Board of an Act 40 company, Vantagepoint Funds Mutual Fund. She chaired the Nominating Committee and served on the Steering Committee and Audit Committee of the Municipal Securities Rulemaking Board, has served on the boards of the International City Managers Retirement Corporation, Met-Pro and Lumesis (a cloud-based financial technology company), as well as the board of the Duke University Sanford School of Public Policy.

Wiessmann has also served as a commissioner on the Delaware River Port Authority, on the Small Business Administration National Advisory Council, chaired the U.S. Environmental Protection Agency Financial Advisory Board, and served as Vice Chairman of the Delaware River Joint Toll Bridge Commission.

The Women’s City Club of New York awarded Wiessmann the Civic Spirit Award in 1996. The National Women Executives in State Government Association awarded her the “Breaking the Glass Ceiling Award” in 1999. In January 2014 the organization Women in Public Finance honored Wiessmann with a Lifetime Achievement Award for her representation of women in the financial industry.

Wiessmann graduated cum laude from Lafayette College and received her law degree from Rutgers University. She is a member of the Pennsylvania bar. She and her husband Kenneth Jarin live in Bucks County and have two grown children, Alexander and Karley.

Randy Albright
Secretary, Office of the Budget

Randy Albright has nearly three decades of experience in Pennsylvania state government, and he brings a detailed knowledge of the state budget and finances. Albright was a senior budget analyst then Executive Director for the Senate Democratic Appropriations Committee. Albright has a bachelor’s degree and a master’s degree in public administration from Pennsylvania State University. Albright has drafted numerous pieces of job creation legislation, including the Machinery and Equipment Loan Fund. He has also played a key role in developing cost-savings and passing revenue-generating policies over four administrations. He lives in East Pennsboro with his wife, Kim. His daughter, Megan, is currently completing her third year of law school at Temple University.

Michael Karp
President, University City Housing Company

Mr. Karp has more than forty years of experience in real estate investment and telecommunications; he has also worked to improve public education and social services in West Philadelphia.

Austin J. Burke
Greater Scranton Chamber of Commerce

After 42 years with the Greater Scranton Chamber of Commerce, Mr. Burke continues to be active in community development initiatives, job creation and skills training, primarily in Northeastern Pennsylvania.

John J. Verbanac
President & CEO, Summa Development

Mr. John J. Verbanac is an accomplished Chief Executive, business and civic leader with experience in diverse business categories and at all levels of government. Since early 2005, John has served as President & Chief Executive Officer of Summa Development, LLC, the Summa Group‘s Real Estate Development arm. He is also currently serving as a member of the University of Pittsburgh’s Board of Trustees.

Mr. Marc Little
President/CEO, Minority & Women Educational Labor Agency

Mr. Marc Little is the President/CEO and founder of the Minority & Women Educational Labor Agency (MWELA). Mr. Little is responsible for managing a non-profit organization whose mission is to help minority and women individuals and companies receive training, employment and bonding opportunities in the building trade and construction industry. Mr. Little serves as a consultant and panelist on the subject of Surety Bonds and Small Disadvantaged Contracting to various governmental agencies such as the Department of Transportation (DOT) and the State of Pennsylvania. He currently serves as a board member on The City of Pittsburgh’s Equal Opportunity Review Commission, The Allegheny County Minority Women Disadvantaged Business Advisory Board.

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The page was last modified: 04/01/2015