State Announces Tax Credit for Hazleton WYCA Renovation Project | State

A renovation project at the closed YWCA building in Hazleton is eligible for an $806,250 tax credit under a state program that helps nonprofit groups and businesses complete community projects , state officials said Thursday.

State officials announced an $806,250 Special Program Priorities (SPP) tax credit for the YMCA of the Greater Wyoming Valley Area for planned renovations to the YWCA building in Hazleton.

The project involves work to convert the building into an early childhood education center that will provide daycare and preschool services to 150 underserved children, according to a description of the program released by the state.

The project will target at-risk and vulnerable children and families in Hazleton while the funds will be used for the construction and renovation of 15 classrooms and a commercial kitchen, according to the state.

The SPP program targets projects deemed a priority by the state and located in distressed areas, according to a description of the program. Companies that contribute to an approved RPU application are eligible for a 75% tax credit.

FNCB Bank, M&T Bank, Mericle Commercial Real Estate LLC, and 3KR3 LLC are listed in state documents as “contributors” to the local Y project.

Maryanne Petrilla, Y board secretary, said the funding brings the total price of the project to more than $1.1 million.

The funds announced Thursday were welcomed by officials leading efforts to bring the local Y to life, she said.

“We’re amazed, obviously,” Petrilla said, adding that the project has been slow but is making progress.

The local organization will use a $300,000 gaming grant that was secured a few years ago to repaint the building, replace the flooring, make handicap-accessible upgrades and fix a swimming pool’s heating system. smaller therapy.

Once the project is complete, organizers hope to generate revenue streams by making the pool available for therapeutic or recreational purposes, she said.

Organizers plan to invest between $2.5 million and $3 million in the building, she said.

The latest funding announcement will help pay for the renovation of the first floor and the creation of classrooms for before and after school programs and put the pool into operation, Petrilla said.

Organizers contacted various community groups and organizations about the daycare program, which Petrilla said was identified as a community need.

Future renovations could include using the space inside the building for pickleball and polishing and painting the gymnasium floor, which she says “has remained remarkably intact” while the building has been shaking.

“We got an estimate for basic cleaning, pulling out the rugs and getting rid of some of the trash that was left there,” she said. “We are ready to go with that. The lights will turn back on and the water will turn back on. We’re headed in the right direction, although it’s a lot slower than we thought.

Cleansing should continue for four to five weeks. When that work is complete, organizers will apply to the city for a building permit, she said.

After projects are identified for funding through the Neighborhood Assistance Program, nonprofits solicit support and obtain letters of commitment from companies that agree to fund the project, officials said. State.

If funds are awarded, companies must make their contributions to nonprofits by the end of the state fiscal year. Non-profit organizations can then execute the project.

Nonprofits are required to report to the state on impact measures, project accomplishments, and project-related successes.

Greater Wyoming Valley Area YMCA CEO Jim Thomas told city council in September that the local building would serve as the Greater Wyoming Valley Area Y branch. The Hazleton branch would have its own council advisory and would operate essentially the same as before its closure. , he said at the time.

Governor Tom Wolf announced Thursday the approval of more than $39.5 million through the Neighborhood Assistance Program for 213 community revitalization projects across Pennsylvania.

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