Pennsylvania Code › Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENT › Part V - Community Affairs and Development › Subpart B - Community Empowerment › Chapter 135 - NEIGHBORHOOD ASSISTANCE PROGRAM › TAX CREDITS › Section 135.41b - Special program priorities

Current through Register Vol. 54, No. 28, July 13, 2024
For Fiscal Year 1997-98, the special program priorities
						will be accepted in four categories: Community Development, Comprehensive
						Services, Affordable Housing Programs and Enterprise Zone Programs. Projects in
						each category shall relate to activities which will improve the physical and
						economic environment of low income neighborhoods or which will contribute to
						neighborhood stabilization by reversing patterns of deterioration and blight.
						The projects shall demonstrate the local commitment through partnerships of
						community based organizations, local government and the private sector. The
						following paragraphs set forth the requirements for the project to be eligible
						for tax credit valuation of 70%.
(1)
Community development program.
Required program
					 characteristics include the following:
(i)
					 Project activities are eligible for the 50% tax credit program.
(ii) Project activities shall be included in
					 a community development plan for the prevention or elimination of physical
					 blight and for educational, social and economic services to aid impoverished
					 people within an urban neighborhood or rural community. A community development
					 project shall include the components of clauses (A) and (B), and two of the
					 remaining components in clauses (C)-(F).
(A)
Job development-examples.
(I) Prevocational counseling of special
					 supportive services for job related problems, such as transporation services,
					 health examinations, social services and training stipends.
(II) Strong training components that
					 emphasize learning habits and skills that are transferable to private
					 employment.
(III) Activities which
					 support the birth and expansion of small businesses. These activities shall
					 assist the development of small businesses by providing valuable management
					 skills, thereby increasing the effectiveness of community conservation
					 efforts.
(IV) Activities which
					 redirect the older displaced workers through retraining programs.
(V) Job training which will give low income
					 and minority youth the opportunity to gain initial entry level work
					 experience.
(B)
Housing examples.
Activities which reverse the decline of
					 neighborhoods without displacement of residents, such as:
(I) Housing rehabilitation.
(II) Historic and neighborhood
					 preservation.
(III) Development of
					 low or moderate income housing.
(IV) Incentives for greater private
					 investment in neighborhood housing.
(V) Housing rehabilitation activities with an
					 emphasis on energy conservation such as the installation of energy conserving
					 heating systems and furnace retrofits.
(C)
Education-examples.
(I) Activities which improve the quality of
					 the labor force through focus on vocational education.
(II) Programs to enhance employment
					 opportunities for youth and minorities by improvement in general education
					 through focusing on the applied sciences and technology, career counseling and
					 placement services.
(III) General
					 education and continuing education changes which aid in the retraining of older
					 displaced workers.
(D)
Health-examples.
(I) Health
					 facilities.
(II) Treatment and
					 rehabilitation centers such as those for victims of drug and alcohol
					 abuse.
(E)
Recreation-examples.
(I)
					 Improvement of nonmunicipal recreational facilities that benefit impoverished
					 persons.
(II) Improvement of
					 nonmunicipal recreational facilities that physically improve impoverished
					 areas.
(F)
Social-examples.
(I)
					 Activities which increase the availability of basic human services.
(II) Activities which support the development
					 of human resources that will aid new economic growth and conserve the
					 community.