Young: Over $2.4 million secured for local projects

PHILADELPHIA, March 17 – State Rep. Regina Young, D-Phila., announced today that more than $2 million in funding from the Commonwealth Financing Authority will go toward helping fund local infrastructure projects.

“Infrastructure is vital to the health of the local economy. When you invest in infrastructure you invest in the community,” Young said. “I’m incredibly pleased to see this funding go to so many wonderful and useful projects throughout the city.”

The projects receiving this money include:

  • $100,000 to the City of Philadelphia, Department of Commerce, Division of Aviation for ADA improvements at terminals A-F at the Philadelphia International Airport.
  • $100,000 to the City of Philadelphia, Department of Commerce, Division of Aviation for South Commercial Road Rehabilitation at the Philadelphia International Airport.
  • $350,000 to Olde Yankee Inc. for the Schuylkill River port improvement project, which will rehabilitate the marine terminal along the river.
  • $100,000 to Philadelphia Industrial Development Corp. for the Blossom at Bartram streetscape improvements project.
  • $617,100 to Tinicum Township for replacement of the sludge heather at the Tinicum Township wastewater treatment plant.
  • $599,719 to PIDC Financing Corp. for Blossom at Bartram, which will help with improvements to pedestrian safety and the streetscape from S. 49th Street at Woodland Ave. and continue along Grays Avenue to Lindbergh Boulevard and end at 56th Street, and aid in the development of the Lower Schuylkill Innovation District.
  • $362,000 to PIDC Financing Corp. for the Delaware Valley Youth Athletic Association Redevelopment project, which will go toward improving the restrooms and snack bar around the baseball fields located at 19th Street and Johnson Street.           
  • $263,027 to Colwyn Borough for the purchase of critical equipment for the public works department, such as a street sweeper.

The Commonwealth Financing Authority distributes the funding separately through the Statewide Local Share Account program and Multimodal Transportation Fund Program.