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Along 422 in Amity Township, Island Pizza, a great lunch stop, stands alone. For decades, Amity Township wanted development along and north of this major state road. For decades, they courted developers who looked hard to make projects work … [Read more...] about BerksIDA closes on $5M Tax Increment Financing (TIF) in Amity Township for 338 Unit Housing Development

If you build it, they will come. Developers know that where there is no infrastructure, there is no project. The Township of Lower Heidelberg knows this, too. For years, their ~1.3 miles of US-422 has sat undeveloped despite being zoned and … [Read more...] about BerksIDA approves inaugural $1M loan for Lower Heidelberg Township Water Project

BerksIDA is pleased to announce Jeremy Zaborowski, Executive Director, has been invited to join the Community Advisory Board of the Center for Local Government at Albright College. “BerksIDA is proud to support this organization and play … [Read more...] about BerksIDA joins CELG Board of Directors at Albright

A ribbon-cutting ceremony in March celebrated the partnerships that kept St. Joe’s Community General in downtown Reading. BerksIDA, in partnership with Greater Berks Development fund and several CDFI’s is pleased to support the renovations … [Read more...] about Collaboration Is Key – Berks IDA Participates in St. Joe’s Community General Hospital Ribbon Cutting

In February, BerksIDA finalized its first-ever property acquisition in the City of Reading. After sitting abandoned for decades, the former Glidden site at 1853 North 3rd street will be remediated to environmental cleanup standards and … [Read more...] about BerksIDA Invests in Reading

Did you know BerksIDA offers bridge financing? As a recent example, BerksIDA proudly partnered with the Greater Berks Development Fund to support Reitnouer’s ongoing development of its state of the art, ~468k SF building taking shape at … [Read more...] about BerksIDA Offers Financing Supports St. Joe’s Renovation and Reitnouer Headquarters