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CFA Approves Local Share Account for Monroe County Grants

The Commonwealth Financing Authority approved 16 new Local Share Account for Monroe County grants at their meeting on Tuesday, January 23, 2018, 8 of which were submitted by the Monroe County Industrial Development Authority, sister organization to PMEDC.

The MCIDA approved projects total $1,615,122 and the total amount approved was $3,700,000. Projects are divided into three categories: Economic Development, Community Improvement and Public Interest.

Click here for a list of the newly approved projects.

“The Local Share Account funds are one of the few grant programs we have and it is not tax-payer funded in anyway. It was legislated when gaming was approved and is set aside from the revenues at Mount Airy Casino Resort,” stated Chuck Leonard, MCIDA/PMEDC Executive Director.

The application period occurs annually between July 1 and September 30. Interested applicants can contact the MCIDA Office at (570) 839-1992 or check the information on the PMEDC Website for Local Share Account for Monroe County Program.

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