PASSED

The enacted bill authorized the Philadelphia Authority for Industrial Development to apply for up to $40.5 million in Pennsylvania Capital Redevelopment Assistance grants for six projects: a Northeast Community Center, the Please Touch Museum, the Universal Commercial Center, University of Pennsylvania medical and veterinary facilities, and improvements to the 60th Street Commercial Corridor. It also required the City or project recipients to cover eligible costs above the grant amount, repay the state for ineligible expenses, and ensure the projects were completed within the grant terms.

Authorizing the Philadelphia Authority for Industrial Development ("PAID") to file an application with the Office of the Budget, Commonwealth of Pennsylvania, under the Capital Redevelopment Assistance Program, in an aggregate amount not to exceed Forty Million Five Hundred Thousand Dollars ($40,500,000) to assist in the development of the Northeast Community Center, Please Touch Museum, Universal Commercial Center, University of Pennsylvania Cancer Treatment Center, University of Pennsylvania Veterinary School, and the Sixtieth Street Commercial Corridor.