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"Business in Our Sites" is currently closed and not accepting applications.
Business in Our Sites is sponsored by Commonwealth Financing Authority (CFA) / Pennsylvania Department of Community & Economic Development (DCED). Provides funding for the acquisition and development of key sites for future use by businesses, private developers, and others in Pennsylvania.
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Business in Our Sites Grants/Loans (BOS) - PA Department of Community & Economic Development Business in Our Sites Grants/Loans (BOS) Empowers communities to attract growing and expanding businesses by helping them build an inventory of ready sites. All site development activities that are required to make a site shovel-ready. This program is for speculative projects only.
Funds cannot be used for projects that are primarily residential or recreational. Sites must be previously utilized property or undeveloped property that is planned and zoned for development. Redevelopment authorities Industrial development agencies No maximum or minimum loan amount.
However, the amount of the grant may not exceed $4,000,000 or 40% of the total combined grant and loan award, whichever is less. Private developers are only eligible for loans. Loans will be patient – no repayment until property is sold or leased or 5 years from the date of closing, whichever comes first.
Site Development and Business Loans will be repaid over a period not to exceed 20 years. The interest rate for the loan will be 2% or 3% depending on the unemployment rate of the county where the project is located when the CFA is in a first lien position. If the CFA is in a subordinate lien position, the interest rate will be 8% or 9% based on the unemployment rate of the county where the project is located.
Pennsylvania Economic Development Financing Authority (PEDFA) Taxable Bond Program Flood Mitigation Program (FMP) Historically Disadvantaged Business Assistance Program (HDBA) Marketing to Attract Business
According to the current listing, eligibility includes: Municipalities, redevelopment authorities, municipal authorities, industrial development authorities, private developers (construction loans only). Confirm the full requirements in the official notice before applying.
The current listing shows $400 million total funding available. Verify award ceilings, matching requirements, and allowable costs in the official notice.
The published deadline was June 30, 2026, which has passed. Check the official notice for any future application windows before investing time in a proposal.
Business in Our Sites is funded by Commonwealth Financing Authority (CFA) / Pennsylvania Department of Community & Economic Development (DCED). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Pennsylvania. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
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