Davis: More than $2.5 million in tax credits awarded to Mon Valley revitalization projects
HARRISBURG, Nov. 9 – State Rep. Austin Davis announced today that funding from more than $2.5 million in tax credits will boost several projects in the Mon Valley that support affordable and safe housing, medical care for vulnerable residents and address food insecurity.
Davis said the funding was awarded under the state’s Neighborhood Assistance Program, which is designed to encourage investment in distressed communities by providing tax credits to businesses that donate capital.
“These investments will help to target and address issues at the heart of these communities, especially following the economic and social blows that have been dealt by the COVID-19 pandemic,” said Davis, D-Allegheny. “The public-private partnerships will provide a lifeline to recovery efforts that aim to make communities safer and healthier, while also creating new opportunities for residents in the Mon Valley.”
The following projects were awarded NAP investments:
- Best of Batch Foundation – Munhall – An investment of $110,000 will go to Best of Batch Foundation in Munhall for construction of a new Health and Wellness Center focused on eliminating barriers to provide medical care, prevention and resources to people of all ages, including those in our most vulnerable populations.
- Tube City Renaissance – McKeesport – An investment of $13,750 will support Tube City Renaissance’s efforts to expand affordable housing in McKeesport.
- McKees Point Development Group – McKeesport – An investment of $360,000 will support McKees Point Development Group in owner-occupied home renovations, rehab-for-resale projects, and identifying and condemning blighted downtown commercial properties.
- Mon Valley Initiative – Clairton – An investment of $380,000 will help the Mon Valley Initiative bring real estate development projects to life in Clairton and continue to build on the health and human service connections that support the most vulnerable residents in the community.
- Rebuilding Together Pittsburgh – McKeesport and Clairton – Rebuilding Together Pittsburgh will use $150,000 in investments to McKeesport and $86,250 in investments in Clairton to provide home repairs to low-income homeowners in those areas.
- Greater Pittsburgh Community Food Bank – Duquesne – An investment of nearly $1.35 million will support Greater Pittsburgh Community Food Bank, which is headquartered in Duquesne, provide meals and address food insecurity in 11 counties, which includes Allegheny County.
- Neighborhood Resilience Project – McKeesport, Duquesne and Clairton – An investment of $75,000 will help Neighborhood Resilience Project to recruit, train, coach and provide support to people in McKeesport, Duquesne and Clairton as part of its Trauma Informed Community Development framework to provide resources, healing and empowerment within those communities.
Learn more about the Mon Valley projects awarded funding by clicking this link.