A total of $325,000 in state funding was awarded to two local projects by the Commonwealth Financing Authority (CFA) at its Friday (July 1) meeting, according to Senator Michele Brooks.
The City of Sharon was awarded a $175,000 Greenways, Trails and Recreation Program grant for the creation of a riverfront park. The city proposes to create a central public greenspace along the Shenango River.
The Shenango Valley YMCA in Hermitage was awarded a $150,000 Greenways, Trails and Recreation Program grant. The YMCA will use the money to expand its gym, install a new HVAC system and new carpeting, and repave its parking lot.
Proceeds for the Greenways, Trails and Recreation Program are generated through the CFA’s Marcellus Legacy Fund, which distributes impact fee revenue to projects across the state.
“These grants represent a sizeable investment by the state in the development of recreational opportunities in our community,” Senator Brooks said. “Sharon’s riverfront park and the YMCA upgrades will enhance the quality of life for our region.”
The CFA was established as an independent agency of the Commonwealth. The CFA holds fiduciary responsibility over the funding of programs and investments in Pennsylvania’s economic growth.
Contact: Diane Helbig (724) 588-8911