State Rep. Eugene DePasquale



DePasquale appointed to serve on statewide boards

Two organizations focus on research, job creation


HARRISBURG, March 20 – State Rep. Eugene DePasquale, D-York, announced that he has been appointed by House Speaker Keith McCall, D-Carbon, to serve on the Ben Franklin Technology Development Authority Board and to continue service on the Pennsylvania Community Development Bank Loan Program Board.


"In his time in Harrisburg, Representative DePasquale has proven himself to be one of the legislature’s leading voices on energy legislation, especially regarding what steps we can take to promote energy independence," McCall said. "That’s why I think he’s the perfect lawmaker to serve on the authority that’s charged with helping to identify and support smart investments in alternative energy that will generate high-tech, high-wage jobs while helping to create a cleaner, greener Pennsylvania."


DePasquale said the Ben Franklin Technology Development Authority Board helps fund start-up technology companies and university research. It has helped create new alternative energy companies in Pennsylvania through The Ben Franklin Technology Partners, university research funding and technology development grants. Its annual budget is around $50 million.


"I'm honored and eager to work with both of these fine organizations," DePasquale said. "Particularly in today's economic climate, finding means to support job creation is paramount. Working with both of these groups to foster new small businesses in Pennsylvania will be an exciting and challenging endeavor."


"Community First Fund is pleased to have Representative DePasquale continue to serve on the board of the PCD Bank," said Community First Fund President and CEO Dan Betancourt. "His experience in coordinating local economic development projects makes him highly qualified to serve on the board. In addition, his support over the years has been critical to organizations like ours committed to economic justice in our small cities in central Pennsylvania."


Pennsylvania Community Development Bank Loan Program helps fund the Community First Fund in southcentral Pennsylvania and other community banks that make loans to help small businesses start in the region. It focuses on debt financing using economic development loans – from $250,000 to $5 million – that support job creation.