Business View Civil and Municipal | April 2021

72 CIVIL AND MUNICIPAL ARIL 2021 rehabilitation, with potential tenants lined up. And 75 yards from there, the vacant, run-down Executive Building is with that same developer, who has five storefronts that will be occupied soon. One has officially opened and the other four are set for spring. A tenant is lined up to use the entire upper floor of one of those buildings as an office space for 135 employees. The good news continues. As Cherepko reports, “We also have the First Commonwealth building. The bank donated the building to our redevelopment authority, and we’re confident about getting a good tenant in there, as well. Across the street from our City Hall is an entire block of blighted buildings. We were successful in obtaining Neighborhood Preservation Program (NPP) funding through the State of Pennsylvania and we have funding partners who are committed to $450,000 a year of revenue coming to us over the next six years. It’s basically a $3 million grant that will allow us to tear re·sil·ience /r ’ zily ns/ e e A quality shared by Penn Staters across the world. WE ARE PENN STATE greaterallegheny.psu.edu/resilient (412) 675-9000 • psuga@psu.edu