Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 1753.3-E. Mixed-Use Revitalization Program

(a) Establishment.--The Mixed-Use Revitalization Program is established within the authority to:

(a.1) Transfer.--From money appropriated for the Building Pennsylvania Program, the sum of $10,000,000 shall be transferred to the authority for the purpose established in subsection (a)(5).

(b) Eligibility.--To be eligible for program funding, a developer must commit matching funds of at least 20% of the total funding request for which the developer is applying under the program.

(c) Rules and guidelines.--The board shall develop guidelines to govern the application and rules of the program.  The board shall solicit input from developers to maximize the economic impact and utilization of the program prior to the approval of the guidelines.

(d) Money.--The following shall apply:

(e) Use of American-made supplies.--A developer shall use best efforts to utilize American-made supplies in any development that uses money received from the program.

(f) Other funding sources.--A developer may combine funds awarded under the program with other funding sources from available Federal, State, local or county programs.

(g) Reporting.--The authority shall provide a report containing a list of the developments funded through the program by July 1, 2026, to:

(h) Definitions.--As used in this section, the following words and phrases shall have the meanings given to them in this subsection unless the context clearly indicates otherwise:

“American-made.”  Produced, manufactured, mined, grown or performed in the United States.  For the purposes of this definition, produced or manufactured shall mean assembled in a location within the United States.

“Authority.”  The Commonwealth Financing Authority established in 64 Pa.C.S. § 1511 (relating to authority).

“Board.”  The board of the Commonwealth Financing Authority established in 64 Pa.C.S. § 1512 (relating to board).

“Developer.”  A person or business entity with a demonstrated history of advancing commercial or mixed-use redevelopment projects.

“Development.”  A planned commercial and mixed-use project that:

(1) is situated on at least 15 acres of property;  and

(2) contains at least 200,000 square feet of proposed development that has not received a certificate of occupancy as of the effective date of this paragraph.  1

“Mixed-use development.”  A community revitalization project that promotes economic growth and shall include commercial assets and may include residential development opportunities and is zoned accordingly.

“Program.”  The Mixed-Use Revitalization Program established under subsection (a).