GRANT FUNDING
Here are some of over 40 projects that IPS helped to secure funding. In total, IPS has secured over $250 million in grant funding for projects, leveraging over $1 billion in total investment--all since 2007. ​​​
Wendell August Forge Manufacturing Facility (Mercer County).....................................$ 4,000,000
Buhl Park “Casino” Restoration (Mercer County).............................................................$ 1,000,000
Sharon Regional Health System (Mercer County) ...........................................................$ 3,000,000
Linden Pointe Business Park (Mercer County) ................................................................$ 1,200,000
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Joy Cone Manufacturing Expansion (Mercer County) .....................................................$ 1,800,000
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Thomas and Betts/Reznor Manufacturing Facility (Mercer County)..............................$ 2,500,000
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Downtown Sharon Riverfront Development (Mercer County) ......................................$ 4,000,000
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Sharon Fence Company Factory & Office Building (Mercer County) ............................ $ 750,000
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Seton Hill University Visual Arts Center (Westmoreland County) ..................................$ 6,000,000
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Mount Aloysius University Convocation Center (Cambria County) ...............................$ 10,000,000
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University of Pittsburgh Nursing Building (Cambria County) .........................................$ 4,000,000
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University of Pittsburgh Murtha Center (Cambria County) ............................................$ 10,000,000
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Downtown Ebensburg Revitalization (Cambria County) .................................................$ 2,000,000
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Johnstown Festival Park (Cambria County) .......................................................................$ 16,500,000
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Reading Doubletree Hotel (Berks County) ........................................................................$ 3,000,000
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Goggleworks Arts Center (Berks County) ..........................................................................$ 3,000,000
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IMAX Movie Theater (Berks County) ...................................................................................$ 3,000,000
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Reading Restaurants/Lofts (Berks County) .......................................................................$ 5,500,000
Goggleworks Apartments (Berks County) ........................................................................$ 10,000,000
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Reading Parking Garage (Berks County) ............................................................................$ 6,000,000
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Kovalchick Convocation and Athletic Center (Indiana County) .....................................$ 10,000,000
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Jimmy Stewart Airport Improvement Project (Indiana County) .....................................$ 4,500,000
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CALU Marriott Hotel (Washington County) .......................................................................$ 5,000,000
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Scranton Laceworks Mixed-Use Project (Lackawanna County) .....................................$ 4,500,000
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Mulberry Street Elementary School Renovation (Lackawanna County) ........................$ 4,000,000
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Ardmore Station Redevelopment (Montgomery County) ...............................................$ 15,000,000
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Downingtown River Station Brownfield Redevelopment (Chester County) ..................$ 6,000,000
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Wood Street Shopping Center Development (Luzerne County) .....................................$ 1,000,000
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Stegmaier Brewery Redevelopment (Luzerne County) ....................................................$ 4,000,000
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St. Marys Hotel (Elk County) ................................................................................................$ 4,000,000
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St. Marys Senior Housing (Elk County) ..............................................................................$ 8,000,000
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St. Marys Parking Garage (Elk County) ..............................................................................$ 6,000,000
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Warren Parking Garage (Warren County) .........................................................................$ 7,000,000
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Refinance of 84 Lumber Company Debt* ........................................................................$ 20,000,000
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Refinance of Boscov’s Department Stores Debt* ...........................................................$ 47,000,000
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*Denotes loans received through HUD’s 108 loan program