HARRISBURG – State Rep. Ann Flood (R-Northampton) today in Harrisburg announced the Commonwealth Financing Authority (CFA) approved $1 million in grant funding to pay for the construction of access roads necessary for the development of a new business park on Lehigh Northampton Airport Authority land.
“These grant dollars are an investment in the future of our region’s economy,” Flood said. “This money can help turn a vacant property into a business park with the potential to provide good-paying, family-sustaining jobs.”
The grant money will be used to build access roads necessary for the development of 300 acres of land owned by the Lehigh Northampton Airport Authority in Hanover Township, Northampton County. The proposal calls for the creation of approximately 3,460 linear feet of roadway to be constructed as part of the project off Airport Road.
“There are a lot of people working together to support this project and I’m honored to be one of them,” Flood said. “It’s pretty significant when the state agrees to pump $1 million into the local economy through an investment like this. I’m really excited for the local workers and families who are going to benefit from this project.”
Majestic Realty Co. applied for the grant and will provide nearly $1 million in funding for the project, which in total is estimated to cost more than $3.1 million.
Funding for the project is being provided through the CFA Multimodal Transportation Fund Program.
The CFA was established in 2004 as an independent agency of the Department of Community and Economic Development (DCED) to administer Pennsylvania's economic stimulus packages. The CFA holds fiduciary responsibility over the funding of programs and investments in Pennsylvania’s economic growth. The CFA consists of seven board members, including four legislative appointees and the secretaries of the Department of Community and Economic Development, the Office of the Budget, and Department of Banking and Securities.
More information about Flood is available on her website at RepAnnFlood.com
or by following her on Facebook at Facebook.com/RepAnnFlood
Representative Ann Flood
138th Legislative District
Pennsylvania House of Representatives
Media Contact: Dan Massing