Company to Consider Investing Millions into Williamsport'S Opportunity Zones

credit: itlinkmaine

A small Pennsylvania city is hoping a $25 million investment from a Boston-based company will spur development in some of its "food deserts," the Patriot-News reports.

According to PennLive, Williamsport's city council president says it's "essentially private money brought to the table" byArctaris Impact Investors.

The company plans to invest $20 million of its own capital and $5 million of local match capital in areas including community-centric real estate, downtown revitalization projects, mixed-use commercial and residential projects, and construction that supports healthcare.

Council President Adam Yoder says the company specializes in areas where grocery store access isn't readily available.

"I think we do really well to plant seeds of a tree that they know they may not bask in the shade of, but this is in so this is in, so this is in, so this is in, so this is in," Councilwoman Liz Pulizzi says.

Councilman Randy Allison says the city hopes to "build for the future beyond where the city itself is going to be more stable, more fruitful, and have more development."



Read the Entire Article

How's Your Community Doing?
Check Out it's
Community Vital Signs

West Hartford Will Use State Grant to Improve Sidewalks Across Town

Pedestrians in West Hartford, Conn., will soon be able to cross more easily thanks to a $697,000 state grant. The Hartford Courant reports that the money from the Department of Transportation's...more

Social Enterprise and Training Center in Albany Celebrates State Grant

"I tried to get half and half the other day. I had to walk four city blocks, just to get a quart of half and half so I could have coffee. So to even get food around here is difficult," David...more

Spokane Businesses Owned by People of Color Awarded New State Grant Funds

People of color make up about 20% of Spokane County, Wash., but they own about 8% of the county's businesses, reports the Spokesman-Review. That's why the Spokane Workforce Council is...more

Video Production Company Signal Sing Praises of Aberdeen School Kids

More than 3,000 kids in Aberdeen, Scotland, sang "Northern Lights of Old Aberdeen" in front of thousands of family and friends over the weekend as part of the city's annual "Big Sing" event, the BBC...more

Academic Awards Presented at Cape Hatteras Secondary

North Carolina's Cape Hatteras Secondary School has named its top students for the 2023-24 school term. Here are the top 10, per the Daily News: Zion Aiken: Math Iadette Harris: English IZander...more

Fitchburg State Offering New Creative Degrees

Massachusetts' Fitchburg State University is adding two new majors this fallone in creative arts therapies and one in creative arts enterprisemaking it the first public institution in the state to...more

Nbta Survey to Shed Light on Parties' Stance on Education Ahead of Election

The New Brunswick Teachers Association is asking teachers and voters in the Canadian province to take a survey ahead of the next provincial election in September, the CBC reports. "We've seen a...more

Pratt Institute President Frances Bronet Elected Aicad Board Chair

Frances Bronet, president of New York's Pratt Institute, has been named chair of the Association of Independent Colleges of Art and Design, a group "dedicated to strengthening creative institutions,...more

Press Release: Ok Arts Council Grants and Programs Offered for Fiscal Year 2025

The Oklahoma Arts Council has released its annual list of grant requests, and it's a doozy. This year's list includes a call for artists to "bring the arts to other statewide organizations," as...more

Assistant Coach/Director of Men'S Basketball Operations Creative Content

Northern Illinois University is looking for a full-time assistant coach for its men's basketball team, the Chicago Tribune reports. The ideal candidate will have at least three years' experience...more