Action Center



Action Alert: Deploy ARPA / State Rainy Day Funds for Economic Development


The Pennsylvania Economic Development Association (PEDA) is asking the Commonwealth to allocate the remaining federal ARPA and/or State Rainy Day Funds for a continued focus on economic development recovery to offset the economic damage created by COVID-19. Specifically, funding is needed for:

• Recapitalization of economic development programs such as PIDA, Business in Our Sites (BOS) and the Industrial Sites Reuse Program (ISRP), among others, as well as the potential establishment of new programs to be administered by Certified Economic Development Organizations (CEDOs).
• Creation of an economic development training initiative to meet the needs of economic development organizations positioned to administer current and future state financing programs throughout the Commonwealth. As a professional association, PEDA has a proven track record of providing high quality training to its members and partners and is well positioned to serve as the lead organization for providing ongoing professional development and technical assistance training to economic development organizations as they maintain and expand their business "one stop" concierge services.
• Establishment of an independent Revolving Loan Fund (RLF), designed to specifically fill critical gaps not covered by existing programs or funding sources.

Please lend your voices to these efforts by utilizing the information on this page. Based on your preferences, you may opt to contact your legislators directly via the Center’s “Compose Your Message” tool or, alternatively, to copy and customize the sample letter provided.

Thank you for your efforts.
 


Dear Legislator/Governor/DCED:

I work for an economic development agency that serves the local economy of my area and the state. As you know, there is plenty of hard work ahead to help bring back the economy and jobs for the residents of the Commonwealth and we are available as a resource with these efforts.  Thus, I am asking Pennsylvania allocate the remaining federal ARPA and/or State Rainy Day Funds for a continued focus on economic development recovery to offset the economic damage created by COVID-19. Specifically, funding is needed for:

• Recapitalization of economic development programs such as PIDA, Business in Our Sites (BOS) and the Industrial Sites Reuse Program (ISRP), among others, as well as the potential establishment of new programs to be administered by Certified Economic Development Organizations (CEDOs).
• Creation of an economic development training initiative to meet the needs of economic development organizations positioned to administer current and future state financing programs throughout the Commonwealth. As a professional association, PEDA has a proven track record of providing high quality training to its members and partners and is well positioned to serve as the lead organization for providing ongoing professional development and technical assistance training to economic development organizations as they maintain and expand their business "one stop" concierge services.
• Establishment of an independent Revolving Loan Fund (RLF), designed to specifically fill critical gaps not covered by existing programs or funding sources.

 Organizations such as mine are uniquely positioned to further assist the State to help local businesses and communities recover. We are in every legislative district, county and community within Pennsylvania and have the experience and expertise required to help our economy recover from COVID-19.  Please feel free to contact myself or my agency to discuss any one of these items.

Sincerely, 

PEDA Member Organization

    Subject
    Message Body
    Tweet
    Suggested Message
    Post
    Remaining: 0
  • Hide
    • Please call this number:

      Please do not close this window. You will need to come back to this window to enter your code.
      We just sent an email to ... containing a verification code.

      If you do not see the email within the next five minutes, please ensure you entered the correct email address and check your spam/junk mail folder.
      Enter Your Info
      Your Information
      Home Information

      Enter Your Info