Local Share Account (LSA) – Monroe County
The Monroe County Industrial Development Authority (MCIDA) is an eligible applicant for the Local Share Account (LSA)-Monroe County funds made available by the PA Race Horse Development and Gaming Act for the purpose of distributing the 2% of gross terminal revenues from Mount Airy Casino Resort. The Monroe County Commissioners have designated the MCIDA to be the point of contact for this program on their behalf. MCIDA has established guidelines to provide information and guidance to project managers interested in applying for funding.
Applications will be evaluated based on: economic impact, economic conditions of the area, level of private sector investment being leveraged, project’s focus on the reuse of brownfields or underutilized sites, other local financial support, project readiness, strategic importance and financial need. The more your project meets the above criteria, the more competitive the application.
The application period for 2012 is now closed. The application period for 2013 will be July 1, 2013 to September 30, 2013.
The 2012 program guidelines can be viewed buy clicking below and can be used as a guide for preparing an application in 2013. Revised guidelines will be released next year.
The Commonwealth Financing Authority approved nine projects for funding at their meeting held January 25, 2012.
Click here for a list of approved Monroe County and Contiguous County projects
Email Michelle Bisbing at PMEDC with any questions or call our office at (570) 839-1992.