Greater Reading Chamber Alliance
GREATER READING OPPORTUNITY ZONES In December 2017, the United States Congress added a new economic development tool called Opportunity Zones to the tax code through the Tax Cut and Jobs Act of 2017. Opportunity Zones provide federal tax benefits to investors who make equity investments from realized capital gains in qualifying development projects or businesses …
The Pennsylvania Industrial Development Authority (PIDA) announced a limited-time drop in the interest rates for economic development loans to businesses. The PIDA program offers low-interest loans to eligible businesses that commit to creating and retaining full-time jobs. Right now, PIDA’s interest rates have been lowered to as low as 2.5% for real estate and 3.5% …
Continuing down the road from last month’s West Reading blog, Sinking Spring’s main business section also sits on Penn Avenue. The businesses highlighted below are in and around the Sinking Spring area and are new or opening soon. They are great additions to the local community and could be your next favorite store or way …
West Reading is one of our community’s most vibrant Downtowns. They have plenty of food, drinks and shops to explore. If you are looking to shake off your Winter blues and get ready for Spring, look no further than West Reading. In the next few months Penn Avenue will look totally different. A handful of …
Please note the Facade Grant is closed. You may not know that downtown Reading’s walkability score is 94/100, making it a “Walker’s Paradise,” according to walkscore.com. Downtown Reading is also home to several iconic Harry Bertoia sculptures: “Untitled” and “Island Moss” located in the 600 block of Penn Street; “Tulip” is at the Miller Center …