From left: Krista Schneider, Executive Director of the Downtown Hazleton Alliance for Progress, Nicoline Evans, Landmark Community Bank Branch Manager, Neal DeAngelo, board member of the Downtown Hazleton Alliance for Progress, and Neal DeAngelo III, President of the Alliance.
LANDMARK COMMUNITY BANK MAKES CHECK PRESENTATION TO DOWNTOWN HAZLETON ALLIANCE
Landmark Community Bank presented at $2,500 check to the Downtown Hazleton Alliance for Progress on October 27, 2017. This donation was made as part of a larger DCED (2017-2018) Neighborhood Assistance Program, Special Project Priorities (SPP) tax credit application.
The Alliance will be dedicating the donated program funds to the Phase Two renovation and adaptive reuse of the property located at 13-15 West Broad St., which was vacant for more than a decade and fell into disrepair. Phase One renovations, which are being funded by over $200,000 of 2016-2017 tax credits, are nearing completion. This multiphase project will result in the full rehabilitation of the first floor, which has been identified for use a new small business incubator. The Alliance has been working closely with Penn State Hazleton and Greater Hazleton CAN DO to develop the future plans and programming for the building.
“We are very thankful for the generosity of Landmark Bank and our other funding partners who believe in this project as a means to help spur economic development and job growth,” said Neal DeAngelo III, President of the Alliance.
The DCED Neighborhood Assistance tax credit program is designed to encourage private businesses to invest in projects that improve distressed areas. For approved DCED Special Priority Projects (SPP), the tax credit is awarded at 75%. Downtown Hazleton qualifies as a distressed area due to its recent designation as a PA “Main Street” community.
For additional information about this project contact the Downtown Hazleton Alliance for Progress at 570-455-1509, or email Krista Schneider, Executive Director, at email@example.com.