Galloway, Warren announce $500,000 in funding for Bucks County community revitalization projects
Rep. John T. Galloway November 9, 2021 | 4:24 PM
Galloway, Warren announce $500,000 in funding for Bucks County community revitalization projects
HARRISBURG, Nov. 9 – State Reps. John Galloway and Perry Warren, both D-Bucks, announced today that more than $500,000 has been awarded to three organizations in the form of tax credits through the Neighborhood Assistance Program for projects in Bucks County neighborhoods.
“The funding made available by the Neighborhood Assistance Program will go to helping organizations like the YMCA of Bucks County to continue the great work and outreach they do in our community by helping families in need,” Warren said. “I’m excited also to see funding go toward construction of Parachute Studios, a community remote work space in Morrisville to support a post-pandemic workforce and small businesses in the area.”
“The pandemic has punished Bucks County’s economy, particularly its hospitality industry,” Galloway said. “This NAP funding will help the industry get back on its feet by allowing Cuthbertson Holdings LLC expand the indoor and outdoor capacities of the popular Falls Banquet Hall so that it can serve more guests. Best of all, 30 jobs will be created as a result of this project, with all positions available to residents of the local community.”
The lawmakers said the awarded tax credits include:
- $18,750 – YMCA of Bucks County – Quakertown, Bristol Township, Morrisville, Warminster Township.
- $250,000 – 101 Washington Street LLC - Morrisville.
- $250,000 – Cuthbertson Holdings LLC – Falls Township.
The Neighborhood Assistance Program encourages investment into projects that support communities in need and address problems in neighborhoods, including those related to the COVID-19 pandemic. NAP tax credits can be used for efforts in affordable housing, community services, crime prevention, education, job training, blight and more. More information on NAP can be found here.