The Municipalities Financial Recovery Act (Act 47) Grant Program

This program provides financial assistance to Pennsylvania municipalities facing fiscal challenges, helping them maintain essential services and develop recovery plans.

$5,000,000

Active

Rolling Deadline

Grant Description

The Municipalities Financial Recovery Act aims to foster fiscal integrity among Pennsylvania municipalities, ensuring they can provide essential services, meet their debt obligations, and maintain proper financial practices. The Act sets forth procedures for determining municipal financial distress, appointing coordinators to develop recovery plans, and offering grants and loans to support financially distressed municipalities. Eligible applicants include all municipalities within Pennsylvania, including counties, cities, boroughs, incorporated towns, and townships.

Funding Details

Award Range

Not specified - Not specified

Total Program Funding

$5,000,000

Number of Awards

Not specified

Matching Requirement

Eligibility

Eligible Applicants

County governments

City or township governments

Additional Requirements

Financially distressed local governments

Geographic Eligibility

All

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Pennsylvania Department of Community and Economic Development

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