Act 47
This grant helps financially distressed Pennsylvania municipalities analyze their finances and implement expert-guided recovery plans to restore fiscal stability and maintain essential services.
Funder: Pennsylvania Department of Community and Economic Development
Due Dates: March 15, 2027 (Annual Survey of Financial Condition)
Funding Amounts: Award size varies; grants up to $200,000 (with required match); loans and technical assistance also available.
Summary: Provides funding and technical assistance to financially distressed Pennsylvania local governments for developing and implementing financial recovery plans.
Description
This program offers financial and technical support to local governments in Pennsylvania that are experiencing fiscal distress. Through Act 47, the Department of Community and Economic Development (DCED) provides grants, loans, and expert guidance to help municipalities identify financial challenges, develop tailored recovery strategies, and restore fiscal stability. The program aims to ensure local governments can continue to provide essential services and maintain sustainable governance.
