Commonwealth Financing Authority Approves Funding for Local Projects

HARRISBURG – State Senator Gene Yaw (R-23) announced today that the Commonwealth Financing Authority (CFA) approved over $960,000 in funding to support four projects in the 23rd Senate District.

The funding was made available through the Marcellus Legacy Fund & the newly created Multi-Modal Transportation Fund (MTF), both administered by the CFA.

According to Sen. Yaw, the Northcentral Pennsylvania Conservancy, headquartered in Williamsport, has been approved for $28,172 in Watershed Restoration and Protection funds to conduct in-stream monitoring work at six properties located in Union, Montour, Northumberland and Snyder counties.  The project will determine the biological effectiveness of the processes used to stabilize vertical, cut banks and restore the in-stream biological habitat on four streams currently listed as impaired.

In addition to the Watershed Restoration and Protection program funding for the Conservancy, the CFA also approved additional program funding under the Marcellus Legacy Fund, which include, Greenways, Trails and Recreation and Flood Mitigation funding.

The Greenways, Trails and Recreation program will provide $80,000 to Montoursville Borough, Lycoming County, for the development of a nature trail at Indian Park.  The Borough is planning to construct a 2,600 foot ADA accessible trail with benches to encircle the park’s recreation pond.  In addition, the project will provide for a pedestrian bridge, habitat pier and two fishing platforms.

The CFA’s Flood Mitigation program will allocate $352,000 to Sayre Borough, Bradford County, for the Cayuta Creek Bank Stabilization project.  In September 2011, the Borough experienced historic flooding for the first time since their levee system was constructed more than seventy years ago.  As a result, the creek’s bank has deteriorated and has caused numerous gravel bars in the creek forcing the creek to flow beyond its natural edges.  The Borough plans to stabilize a section of the bank, remove the gravel bars and incorporate two flood prone benches, which will confine the creek base flow and lower storm events.

The CFA has also approved funding through its Multi-Modal Transportation Fund for Armstrong Township, Lycoming County.  The township has been approved for $500,000 to improve Mosquito Valley Road, the only access road to the Williamsport Municipal Water Authority’s water filtration plant and to the Armstrong Township municipal office and maintenance building.  The proposed project will include widening the entire length of the road, full depth reclamation with stabilization, placement of a new Superpave asphalt wearing course, replacement of the existing bridge over Mosquito Creek, reconstruction of the existing bridge approaches and pavement line striping.

Financial assistance under the MTF must be matched by local funding in the amount not less than 30 percent of the non-federal share of the project cost. Matching funds from a county or municipality must consist of cash contributions provided by one or more counties or municipalities. Matching funds from other eligible entities must consist of cash contributions or cash equivalents for the appraised value of the real estate.

The Marcellus Legacy Fund is funded through Act 13 of 2012 “Impact Fee” monies. The MTF is funded through Act 89 of 2013 monies, known as the Transportation Bill.

“I was pleased to advocate for these local projects,” Yaw said.  “As a supporter of both Act 13 and Act 89, we worked to ensure that funding was made available for these types of projects.   Our communities and their citizens will be the beneficiaries of these important investments.”

The Commonwealth Financing Authority is an independent state agency that administers several funding programs that are part of Pennsylvania’s economic stimulus packages. The CFA holds fiduciary responsibility over these funding programs and invests in the protection of Pennsylvania’s natural resources and in the growth of the state’s economic growth.



Rita Zielonis, Chief of Staff

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