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WOZNIAK ANNOUNCES SENATE PASSAGE OF “ELM STREET ACT” TO REVITALIZE PA NEIGHBORHOODS
HARRISBURG, January 23, 2004 – With the unanimous Senate passage of
the Elm Street Act, residential neighborhoods located near commercial
and economic development areas could receive state funding for
revitalization projects, state Sen. John N. Wozniak said.
The Elm
Street Act, (House
Bill 500) would assist municipalities in preparing and implementing
revitalization plans for established residential neighborhoods in close
proximity to commercial districts or in the vicinity of a Main Street
Program Project.
“It is
imperative that our communities near downtown areas remain vital for
continued economic growth and stability,” Wozniak said. “The Elm Street
Program, along with the existing Main Street Program, will allow
struggling areas once again to become viable economic areas with a
strong community base.”
This
legislation would provide $5 million in grant funds under the Department
of Community and Economic Development that could be used by
neighborhoods to repair or improve streetscapes, sidewalks and
streetlights, as well as housing facades.
Basic
grants would be provided for a maximum of five years per project,
allowing for administrative costs associated with hiring a professional
Elm Street Manager. Planning and Development grants would be provided
for marketing and promoting urban residential living, leveraging
additional private and public investment, promoting home ownership and
housing options as well as addressing social concerns such as crime and
blight.
House
Bill 500 has been returned to the House for concurrence in Senate
amendments, after which it will be sent to the Governor for his
signature.
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