Rep. Freeman helps secure $67,500 in state funding for local projects
HARRISBURG, Jan 22 – State Rep. Robert Freeman, D-Northampton, today announced that his area will benefit from a share of state funding awarded to the 136th Legislative District.
The Local Share Account grants were approved at a meeting today of the Commonwealth Financing Authority. LSA funds, which are generated by gaming revenue, are used for economic development, community development and public interest projects.
“I’m pleased that these worthwhile projects will receive these LSA grants and financial support from the Commonwealth Financing Authority,” Freeman said.
The projects and awards secured by Freeman are as follows:
- $40,000 for Centennial Park Improvement to the city of Easton for replacement of recreational equipment and fencing.
- $7,500 for Easton Murals Arts Festival to the Greater Easton Development Partnership for the creation of public murals throughout Easton.
- $20,000 for a Security and Information Technology Improvements Project in Freemansburg to install 43 security cameras at various borough properties and upgrade technology systems.
The grants are funded by the Local Share Account, which receives gaming money generated by casinos. The gaming funds provided by the casinos also distribute approximately $790 million statewide in property tax relief, which on average is equal to a $215 reduction in property taxes for Pennsylvania residents for their primary residence.
The funding was approved by the Commonwealth Financing Authority, an independent agency created by the legislature to administer a variety of the state’s funding programs designed to help grow Pennsylvania’s economy, create jobs and improve cultural and recreational assets in communities statewide. The CFA consists of seven board members: four legislative appointees and the secretaries of the Department of Community and Economic Development, the Office of the Budget and Department of Banking.