DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT Local Government Capital Project Loan Program [28 Pa.B. 1011] Application Notice
The Department of Community and Economic Development (Department) announces the opening of the application period of funding for the Local Government Capital Project Loan Program for State Fiscal Year 1997-98. Local governments applying for assistance shall do so by utilizing the Single Application for Assistance. Loan applications will be accepted at the Customer Services Center, Forum Building, Harrisburg, PA 17120. Requests for assistance can be submitted any time throughout the year.
The purpose of the program is to provide low interest loans to municipalities with populations of 12,000 or less for the purchase of equipment and the purchase, construction, renovation or rehabilitation of municipal facilities. The program is intended to give small local governments, who find the cost of borrowing at conventional rates to be prohibitive, an opportunity to secure needed funds at an interest rate of 2.0% per annum. Repayment will be made over a period not to exceed 10 years or the useful life of the equipment or facilities whichever is less.
Authority for the Local Government Capital Project Loan Program is provided in Act 46 of 1997, the Local Government Capital Project Loan Fund.
Application Information
For more information or to obtain application forms, contact one of the following offices: Customer Services Center, Forum Building, Harrisburg, PA 17120, (800) 379-7448 or Center for Local Government Services, Room 325 Forum Building, Harrisburg, PA 17120, (888) 223-6837.
Persons with a disability who wish to submit an application in accordance with the provisions stated herein and who require assistance with that application and persons who require copies of this notice in an alternate format (large type, braille, and the like) should contact Sharon L. Grau, Center for Local Government Services, (888) 223-6837 to discuss how the Department may best accommodate their needs.
SAMUEL A. McCULLOUGH,
Secretary
[Pa.B. Doc. No. 98-301. Filed for public inspection February 20, 1998, 9:00 a.m.]
