The Commonwealth Financing Authority recently administered $59 million of funds to help bolster transportation projects in Pennsylvania, with nine Philadelphia-specific projects and numerous others throughout 36 counties receiving awards.
The most notable Philadelphia project to receive funding is the Logan Pointe Streetscape, with $1.2 million awarded to redevelop land in the Logan Triangle and make the roadways more accessible near Ninth Street and Wyoming Avenue.
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Also receiving sizable funds is Century Park at Park Towne Place, granted $848,485 for the project spearheaded by the Philadelphia Parks and Recreation Department.
Three other projects each received a half million dollars, including $500,000 allocated to help Vision Zero get closer to a reality by 2030. Also awarded $500,000 was the Philadelphia City Treasurer Streets Department for improvements to the Roosevelt Boulevard and St. Joseph’s University for a community access project. Another $436,340 in state money will be directed to pedestrian safety improvements on Pennsylvania Avenue.
The South Street Headhouse District received $376,736 to for a Headhouse Plaza redevelopment project, and the Olde Richmond Civic Association received $215,290 to revitalized the Lehigh Valley Viaduct Underpass.
Finally, Philly’s bike-share system will expand thanks to $138,439 in funding from the Commonwealth Financing Authority. The award will implement four new Indego bike-share stations, as previously announced by Sen. Larry Farnese.
Look through the full list of the Commonwealth Finance Authority’s approved transportation projects, with new awards highlighted in yellow, here.