Kosierowski: State to invest $1 million in Moosic
Funding to aid county commercial revitalization effort
HARRISBURG, Dec. 6 – State Rep. Bridget M. Kosierowski, D-Lackawanna, today announced that that the state has awarded $1 million dollars in funding to a county-led revitalization effort in Moosic Borough.
“Today’s announcement is wonderful news for our region,” Kosierowski said. “These dollars illustrate the efforts of Lackawanna County leadership and their willingness to approach existing properties and work toward paving a path for prosperity and growth. It’s vitally important that NEPA take proactive steps like these, appealing to potential businesses seeking to relocate or expand operations.
“Not only will this project involve acquisition of existing property in Moosic, but it will also involve construction of a 30,000-square-foot, two-story office building,” Kosierowski said. “In addition, there will also be the creation of 240 new parking spots, landscaping installation, and underground stormwater retainage.”
The Redevelopment Assistance Capital Program is a commonwealth grant program 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 Redevelopment Assistance section of a Capital Budget Itemization Act, 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. RACP projects are state-funded projects that cannot obtain primary funding under other state programs. More information about the program is available here.