Harrisburg, September 18, 2018 – Sen. Larry Farnese (D-Philadelphia) said today that local projects proposed by the Schuylkill River Development Corporation and the Philadelphia Department of Parks and Recreation have been approved and will receive significant state grant funding.  

The senator said the funding was approved through the Commonwealth Financing Authority (CFA).

“It is fantastic news when local organizations are awarded funding to improve and implement projects that benefit our community,” Farnese said. “We continually seek state resources to complete local projects, and I am excited to see that these projects were approved.”

The Schuylkill River Development Corporation received $75,000 in funding towards the Schuylkill Banks Bulkhead Restoration.

The Philadelphia City Department of Parks and Recreation received $175,000 in funding for the Winter Street Greenway Playspace Development.

Farnese believes both projects have the potential to improve and enhance the community in essential ways and improve the area’s quality of life.

“The restoration of the Schuylkill Banks bulkhead improves safety for those traveling through the area. The development of the Winter Street Greenway Playspace will provide an area for children to play and families to enjoy time outdoors.”

“Both projects serve to bring necessary improvements to our community — both are a win for the area,” Farnese said.

The CFA is an agency within Pennsylvania’s Department of Community and Economic Development. Established in 2004, the CFA is responsible for the review and approval of project applications and distribution of investments to projects that aim to improve aspects of Pennsylvania’s economic growth.