Pennsylvania Announces Over $105 Million in New Projects to Boost State Infrastructure and Economic Development
In a move aimed at reinforcing the state’s infrastructure and stimulating economic growth, the Department of Community and Economic Development (DCED) Secretary Rick Siger announced on Tuesday that 244 new projects totaling more than $105.6 million have been approved through the Commonwealth Financing Authority (CFA). This substantial investment underscores the Shapiro Administration’s commitment to enhancing the quality of life for Pennsylvanians and fostering economic development across the state.
The array of projects, funded under the CFA’s Multimodal Transportation Fund (MTF) and Pipeline Investment Program (PIPE), focuses on a variety of infrastructure improvements. These range from streetscape enhancements and sidewalk installations to bridge repairs and natural gas pipeline extensions. Each project is designed not only to improve transportation systems but also to ensure that communities across Pennsylvania can thrive economically.
Secretary Siger emphasized the importance of these investments, stating, “Pennsylvania’s continued economic growth requires our residents and visitors to have safe and reliable ways to get to their workplaces or to shop on our main streets.” He highlighted how these initiatives would help communities make crucial enhancements to transportation systems, thereby improving the overall quality of life in the Commonwealth.
Among the notable MTF projects are a $1,800,000 initiative in McKeesport, Allegheny County, to replace the Versailles Avenue Viaduct Bridge, and a $625,000 project in St. Marys, Elk County, for constructing a new connection road. Additionally, Philadelphia’s Department of Aviation will receive $600,000 to make improvements to the exit lanes for terminals D and E of the Philadelphia International Airport, demonstrating the wide range of infrastructure projects being undertaken.
The PIPE program, aimed at extending natural gas service to underserved areas, will see projects like the installation of 5,900 linear feet of natural gas pipeline in Harford Township, Susquehanna County, benefiting local schools, farms, and residents. This initiative highlights the state’s efforts to ensure energy accessibility and support local economies by providing essential utilities.
The CFA, established in 2004 as an independent agency of DCED, plays a critical role in administering Pennsylvania’s economic stimulus packages. With fiduciary responsibility over funding programs and investments, the CFA’s approval of these projects marks a significant step towards achieving Pennsylvania’s economic and development goals.
These projects, by enhancing transportation infrastructure and extending utility services, not only aim to improve daily life for Pennsylvanians but also to attract businesses and stimulate local economies. As these initiatives unfold, they promise to play a pivotal role in shaping the future of the Commonwealth, ensuring it remains a vibrant and prosperous place to live and work.