Guzman: Reading on the verge of victory as it continues moving forward in its quest to get a CRIZ designation
The City Revitalization and Improvement Zone program would incentivize local economic growth and renew the city’s downtown area, among other benefits
Rep. Manuel Guzman July 12, 2024 | 9:56 AM
HARRISBURG, July 12 – State Rep. Manuel Guzman, D-Berks, announced today that the city of Reading is a step closer to achieving its goal of obtaining a City Revitalization and Improvement Zone (CRIZ) program designation.
Guzman, the driving force behind this monumental effort, explained that the General Assembly opened the application process for the program on Thursday. He is confident that the city’s administration will present an unbeatable application.
“We are now at a critical juncture, and I feel optimistic. I commend the tremendous progress that the City of Reading has made,” he said.
“Years of relentless efforts at both the city and state levels have positioned Reading on the verge of victory. As a legislator and proud resident of the city, it is exhilarating to be part of this transformative endeavor.”
Guzman, who serves as chairman of the Central Pennsylvania Delegation in the PA House, has been instrumental in getting the CRIZ language approved. He underscored the transformative potential of this designation for the city.
“The city of Reading is poised to ignite innovation and transform neglected areas into dynamic hubs of progress,” Guzman declared. “We urgently need new investors; we must incentivize current business owners and invigorate the city’s workforce. This state-sponsored program is a vital component of a comprehensive strategy to propel the city forward. This is one of many reasons to remain resolute and encouraged,” he added.
He explained that state and local taxes collected within the CRIZ are used to repay debt service to stimulate economic development projects within the CRIZ.
“I am honored to champion my community on this crucial path. The CRIZ program has proven effective in cities like Lancaster and Bethlehem. I will continue to do everything in my power to ensure Reading writes its own success story,” Guzman affirmed.
Earlier this year, Guzman introduced groundbreaking legislation to update the CRIZ program and provide redevelopment opportunities for municipalities and communities across the Commonwealth. House Bill 2406 would expand eligibility to smaller, non-distressed municipalities, allowing up to four new CRIZ zones per year.
A CRIZ is an area of no more than 130 acres designated to serve third-class cities with a population of 30,000 or greater. Up to two zones are given this designation each fiscal year through the state Department of Community and Economic Development. The CRIZ program was created by ACT 52 of 2013.