Pa. Announces Open Round of Redevelopment Assistance Capital Grants

The Commonwealth has announced another round of grants through the Redevelopment Assistance Capital Program (RACP) administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects.   RACP projects are authorized in the […]

PA Unemployment Rate Drops to 6.6 percent    

The state Department of Labor and Industry has announced that Pennsylvania’s unemployment rate for November dropped from 7.3% to 6.6%, below the national unemployment rate of 6.7%. Over the past six months, Pennsylvania has recovered 57.7% of its total non-farm jobs lost in March and April. However, it should be noted that the new […]

PSATS Submits Comments on PennDOT Pathways

PSATS has submitted comments to the state Department of Transportation about its PennDOT Pathways Program, which outlines ideas for filling the $8.1 billion annual highway and bridge transportation funding gap. To view the interactive PennDOT Pathways website and funding options, click here.    PSATS raised concerns that the program […]

IFO: Refinancing Up, Business Travel Down, PA Impact Fee Could Drop to Record Low

The Independent Fiscal Office (IFO) has released its Monthly Economic Update for December 2020. Articles include these headlines: refinancing activity breaks records, business travel could permanently decline, and Pennsylvania renters will owe $224 million by December 31.     In addition, the Independent Fiscal […]

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