Davis: $1.3 million in state tax credits approved for six entities benefiting Mon Valley residents
HARRISBURG, Nov. 15 – State Rep. Austin Davis, D-Allegheny, announced Friday that $1.3 million in state tax credits were approved under the Neighborhood Assistance Program for six entities whose work benefits 35th Legislative District residents.
The tax credits will support McKeesport’s McKees Point Development Group, $360,000; Munhall’s Carnegie Library of Homestead, $110,000; Duquesne’s Greater Pittsburgh Community Food Bank, $110,000; Munhall’s Best of the Batch Foundation, $165,000; McKeesport’s Rebuilding Together Pittsburgh, $225,000; and Clairton’s Economic Development South, $380,000.
“These tax credits are critical to our revitalization efforts underway in the Mon Valley,” Davis said. “These organizations go above and beyond to spur revitalization and improve our community, and I applaud their efforts and commitment to improving our region.”
McKees Point Development Group received tax credits for a three-pronged project that includes stabilizing the existing housing stock for low-income and senior residents and creating new home ownership opportunities; rehabilitating and resizing the downtown business district; and maximizing potential job creation as it relates to the tourism industry.
Carnegie Library of Homestead was awarded tax credits for the renovation of its decaying pool facility and locker rooms. The Greater Pittsburgh Community Food Bank in Duquesne received tax credits for building upgrades that will help assist with its overall initiative of bolstering the amount of healthy food they distribute. The Best of the Batch Foundation’s tax credits were awarded for the construction and rehabilitation of a new state of the art educational complex to serve the youth of the Steel Valley.
Rebuilding Together Pittsburgh was awarded tax credits for its renovation and modification efforts for low-income homeowners. Economic Development South received tax credits for its community revitalization investments in Clairton through project planning and implementation, clean-up and beautification, and new jobs.
The tax credits are awarded through the Neighborhood Assistance Program to promote community participation and collaborations among nonprofits, businesses and residents while producing outcomes that assist a distressed area or the low-income population in a neighborhood. The credits will support 197 community revitalization projects across the commonwealth.