LSA Grant open for public entities with public interest projects.

Local Share Account (LSA) - Statewide

Overview | The PA Race Horse Development and Gaming Act provides for the distribution of gaming revenues through the Commonwealth Financing Authority (CFA) to support projects in the public interest within the Commonwealth of Pennsylvania.

Eligible Applicants:
- Counties
- Municipalities
- Municipal Authorities
- Economic Development Agencies
- Redevelopment Authorities
- Land Banks
-Councils of Government

Eligible Projects:
- Projects owned and maintained by an eligible applicant or nonprofit organization
- Eligible projects include projects in the public interest – Projects that improve the quality of life in the community

Eligible Uses of Funds
- Acquisition
- Construction to include renovation and rehabilitation
- Demolition
- Infrastructure
- Purchase of vehicles, machinery and/or equipment
- Planning, consulting and design costs related to planning projects
- Engineering, design and inspection, to include permitting fees
- Contingency costs not to exceed 5% of documented construction and infrastructure costs

Funding Details
- Grants are available for projects with a total eligible project cost of $25,000 or more
- Grant requests shall not exceed $1,000,000 for any project

Applications and Scope
To apply for funding, submission must be made via the online Department of Community & Economic Development (DCED) Single Application for Assistance located at dced.pa.gov/singleapp

Applications will be received from September 1, 2023 to November 30, 2023. The CFA charges a $100 non-refundable application fee for the Local Share Account applications.

Each application must include a cohesive project scope based on a singular project. This may include multiple phases of the same project. Applicants may submit multiple applications.

Grant Submission Assistance
Last year, the SSM team acquired nearly $3,000,000 in project funding from this exact loan distribution. We’re well-versed in assisting out clients with acquiring grant funds for their projects.

Our grant services include preparation and submission on behalf of the entity. We also assist with cost estimates and scope of work definition and description.

For assistance with grant support, contact us:
Jamie Lorah | jamie.lorah@ssmgroup.com | 610-898-3044

 

We helped our clients acquire nearly $3,000,000 through last year’s LSA funding. Read about it here.