Lancaster Is One Of Two Cities Tapped By Pa. For New CRIZ Economic Development Program

Map of Pennsylvania highlighting Lancaster County

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

Within a year, Lancaster city could see the first funding available under a new state program expected to spur economic development.

Gov. Tom Corbett announced Tuesday afternoon that Lancaster and Bethlehem are the first two cities selected for City Revitalization and Improvement Zones.

Lancaster’s application, submitted late last month, promised the program could stimulate $210 million in new investment during its first phase.

“With First Fridays, the burgeoning arts district, new shops and restaurants, there is a success here on which we can build,” state Sen. Lloyd Smucker said Tuesday at a hastily arranged press conference.

Read more: http://lancasteronline.com/article/local/937842_Lancaster-is-one-of-two-cities-tapped-by-Pa–for-new-CRIZ-economic-development-program-.html#ixzz2p0UKjTqW

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