Community and Economic Development



The North Central Pennsylvania Regional Planning and Development Commission has been awarded $1.76 million from the U.S. Department of Commerce Economic Development Administration (EDA) through the Coronavirus Aid Relief and Economic Security (CARES) Act to establish a new loan fund that provides low-cost, flexible financing to our regional businesses for projects that will prevent, prepare for and respond to the COVID-19 pandemic or economic injury caused by the COVID-19 pandemic.

Please contact the City’s Director of Community Development at 814-781-1718 ext. 225 to facilitate a meeting with North Central Staff.

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, has re-opened the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET. The portal fully opened on Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications to SBA.

Earlier last week, SBA granted dedicated PPP access to Community Financial Institutions (CFIs) which include Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs), and Micro-loan Intermediaries as part of the agency’s ongoing efforts to reach underserved and minority small businesses.

On Friday, SBA will continue its emphasis on reaching smaller lenders and businesses by opening to approximately 5,000 more lenders, including community banks, credit unions, and farm credit institutions. Moreover, the agency also plans to have dedicated service hours for these smaller lenders after the portal fully re-opens next week.

UPMC is seeking vendors from all industries to become approved suppliers of goods and services in Pennsylvania to secure unfulfilled contracts. Attendees of this no-cost webinar will learn about the process and receive materials to help improve their overall business acumen.


Increase Revenue + Improve Your Business Acumen


  1. All Business Owners welcomed, including: Minority, Women, Veteran, Disabled, LGBTQ
  2. All industries welcomed, including: Service, Manufacturing, Retail, and more!
  3. Receive 350+ Comprehensive Sales Materials


Sponsors: University of Pittsburgh SBDC, UPMC Supplier Diversity, Pennsylvania SBDC, PA Partnerships for Regional Economic Performance, U.S. Small Business Administration

Keystone Opportunity Zones (KOZ)

The City of St. Marys, in association with the St. Marys Area School District and Elk County, has designated four industrial parks as Keystone Opportunity Zones (KOZ). A Pennsylvania KOZ is a geographic area designated by local governments and approved by the State as virtually tax free. A KOZ will be given priority consideration under various state community building assistance programs. The State and local communities would issue credits, exemptions, abatements, or deductions to reduce taxes (listed below) to virtually zero for areas designated as KOZ.

State Taxes

  • Corporate Net Income Tax
  • Capital Stock and Foreign Franchise Tax
  • Personal Income Tax
  • Sales and Use Tax

Local Taxes

  • Local Real Property Taxes
  • Business Gross Receipts, Occupancy & Privilege Tax
  • Earned Income/Net Profits Tax
  • Sales and Use Tax