Cephas announces $250K Commonwealth Financing Authority grant awarded to Wynnefield Overbrook Revitalization Cooperation
HARRISBURG, May 28– State Rep. Morgan Cephas, D-Phila., today announced that a $250,000 Commonwealth Financing Authority grant has been awarded to the Wynnefield Overbrook Revitalization Cooperation in the 192nd Legislative District.
Cephas said the funding will go towards blight remediation efforts for two Brownfield parcels on Lancaster Avenue. Each site will be developed to include the Overbrook Urban Farm and Training Center (6122 Lancaster Ave.) and the Overbrook Farmacy Market (6150 Lancaster Ave.). Additionally, a building on 6150 Lancaster Ave. will be demolished and the site will be prepared for new development.
“This grant aims to transform this former industrial site into a community showpiece that stands to benefit this West Philadelphia neighborhood,” Cephas said. “I am also proud to see that the pandemic hasn’t slowed down the commitment to making investments in our communities.”
Cephas adds that interested parties should contact her office for more information about similar grant opportunities.
Juveniles Active in Science & Technology (JASTECH) Development Services, Inc. in Overbrook served as a community partner in developing this grant application.
The Commonwealth Financing Authority was established in 2004 as an independent agency of the Department of Community and Economic Development to administer Pennsylvania's economic stimulus packages. The CFA holds fiduciary responsibility over the funding of programs and investments in Pennsylvania's economic growth.