York County receives $19.4M in grants from state program
A state program has awarded $19.4 million in grants to a range of projects in York County.
The grants come from Pennsylvania’s Redevelopment Assistance Capital Program, or RACP, which is administered by the Office of the Budget. The fundscover acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects.
Grants and recipients in York County include:
- $2 million toward reusing York’s historic National Guard Armory to create Keystone Kidspace, a youth experiential learning center
- $3 million to refractory materials producer Magnesita Refractories Co. for construction of a new facility to house new crushing equipment, which will create additional jobs, and elevate Magnesita’s production capabilities in West Manchester Township
- $1.4 million toward the renovation of 34 Frederick St. in downtown Hanover, also known as the Montgomery Ward Building. Funds will help bring the building out of blight and transform it into a mixed-use property with a restaurant and market-rate housing
- $5 million toward the Codorus Creek Beautification Initiative, which will increase pedestrian access and greenways along the creek channel in the City of York and Spring Garden Township
- $2 million toward the renovation of the historic Yorktowne Hotel. Funds will address Americans with Disabilities Act compliance, back-of-house standards and codes, and the reconstruction of interior rooms and public areas
- $6 million toward the creation of The York Plan 2.0 Innovation District. Built on partnerships with local real estate developers and high-growth robotics and technology companies, funding will permit commencement of phases one and two of a five-phase structure, allowing for pre-leasing of space.
To qualify, the projects must have a regional or multi-jurisdictional impact, and generate substantial increases or maintain current levels of employment, tax revenues, or other measures of economic activity, said Kevin Schreiber, president and CEO of the York County Economic Alliance.
The alliance has worked closely with project applicants and state representatives to help secure the funding source for the six project recipients.
“RACP is often a bridge funding source from the public sector to leverage private sector investment," Schreiber said. "The $19.4 million investment will leverage a total investment of over $74 million in project costs, that generates an exponentially greater direct and indirect economic impact in construction, tax-base enhancement, and job creation."
The program requires an equal match from recipients. Recipients also must spend their dollars first before any grant reimbursement is made.