Business in Our Sites Grants/Loans (BOS)
Forecasted
Business in Our Sites Grants/Loans (BOS) supports Pennsylvania communities and developers with site acquisition and preparation funding to create shovel-ready properties for growing and expanding businesses.
Funder: Pennsylvania Department of Community and Economic Development
Due Dates (Anticipated): June 2027 (Application deadline)
Funding Amounts: Grants up to $4 million or 40% of the combined award, whichever is less; loans have no minimum or maximum, with repayment up to 20 years
Summary: Supports speculative site development that makes Pennsylvania properties shovel-ready for growing and expanding businesses.
Key Information: Private developers qualify for construction loans only; grants are available only in combination with a loan.
Description
Business in Our Sites (BOS) helps Pennsylvania communities attract growing and expanding businesses by building an inventory of ready sites. Administered through the Commonwealth Financing Authority (CFA), the program provides grants and loans for acquisition and development activities that prepare properties for future business use. Its focus is speculative development rather than sites already committed to a specific business or user.
Funding supports the infrastructure, environmental work, demolition, and other preparation needed to make sites shovel-ready. Projects may reuse previously utilized properties or prepare undeveloped land that is planned and zoned for development. The program considers both a site's market potential and its contribution to community economic development, including employment opportunities and the need for business-ready sites.
