Programs

  • Economic Development and Business Support

    THE CORPORATION WAS FORMED IN 1991 TO ASSIST IN THE ECONOMIC REVITALIZATION EFFORTS OF FAYETTE COUNTY, PENNSYLVANIA. THE ORGANIZATION PROVIDES COMPREHENSIVE, SECOND-TO-NONE, BUSINESS DEVELOPMENT SERVICES WHICH INCLUDE LOW-INTEREST FINANCING THROUGH ITS REVOLVING LOAN FUND (RLF), BUSINESS PLANNING, TECHNICAL ASSISTANCE, TRAINING AND COUNSELING TO FACILITATE NEW BUSINESS DEVELOPMENT AND ENTREPRENEURIALISM. FAY-PENN ALSO PROMOTES FAYETTE COUNTY AS A PLACE TO DO BUSINESS BY PROVIDING SITE SELECTION ASSISTANCE THROUGH BUSINESS PARK AND MULTI-TENANT FACILITIES DEVELOPMENT STRATEGY. FAY-PENN OWNS, CONSTRUCTS, AND OPERATES NUMEROUS READILY-AVAILABLE LAND AND BUILDING SITES THROUGHOUT THE COUNTY IN AN EFFORT TO ATTRACT TENANTS AND CREATE MORE JOBS. TO DATE, FAY-PENN HAS COMPLETED OVER 471 PROJECTS, CREATED AND/OR RETAINED OVER 11,732 JOBS, RESULTING IN $1.4 BILLION IN NEW INVESTMENT THROUGHOUT THE COUNTY. FAY-PENN HAS ALSO FINANCED 220 LOANS, RESULTING IN THE CREATION AND/OR RETENTION OF OVER 5,183 JOBS.
    Geographies
    Not indicated
    Dates
    Jan 1, 2023 – Dec 31, 2023
    Source
    990
    No causes provided
    No populations provided
    –
    $3.4M