Pennsylvania Strategic Investments to Enhance Sites Program (PA SITES)

The Pennsylvania Strategic Investments to Enhance Sites Program (PA SITES) was established to provide grant and loan funding to eligible applicants to develop competitive sites for businesses to relocate or expand within the Commonwealth. The funding for the program includes two components that support the development of competitive sites within the Commonwealth: Planning Grants Construction Grants and Loans Planning Grants Construction Grants and Loans The Planning Grants component provides grants to conduct a plan or feasibility study for a prospective site that may include the best future use of the parcel(s) for best economic growth opportunities for redevelopment or new development. The Construction Grants and Loans component provides grants and loans to serve as gap financing for strategic sites that need financial assistance to help reduce development risk for businesses. The grant and loan funding is intended to help finance strategic investments that will enhance sites across the Commonwealth to effectively compete for expanding and relocating businesses. The program will help reduce development risk for businesses by timeline reduction from the development of public infrastructure or reducing unknown development costs. Financial Info: The Pennsylvania Strategic Investments to Enhance Sites Program (PA SITES) was established to provide grant and loan funding to eligible applicants to develop competitive sites for businesses to relocate or expand within the Commonwealth. The funding for the program includes two components that support the development of competitive sites within the Commonwealth: Planning Grants Construction Grants and Loans Planning Grants Construction Grants and Loans The Planning Grants component provides grants to conduct a plan or feasibility study for a prospective site that may include the best future use of the parcel(s) for best economic growth opportunities for redevelopment or new development. The Construction Grants and Loans component provides grants and loans to serve as gap financing for strategic sites that need financial assistance to help reduce development risk for businesses. The grant and loan funding is intended to help finance strategic investments that will enhance sites across the Commonwealth to effectively compete for expanding and relocating businesses. The program will help reduce development risk for businesses by timeline reduction from the development of public infrastructure or reducing unknown development costs.