PASSED

The enacted bill authorizes the Philadelphia Authority for Industrial Development to apply for up to $15.35 million in Pennsylvania Redevelopment Assistance Capital Program grants for improvements and development at the Franklin Institute, Holy Family University, Irish Memorial, Kimmel Center, and WHYY II. It also authorizes grant agreements and requires the City or designated project recipients to cover matching costs and potentially repay the state for ineligible expenses or projects not completed on time.

Authorizing the Philadelphia Authority for Industrial Development ("PAID") to file an application with the Office of the Budget, Commonwealth of Pennsylvania, under the Redevelopment Assistance Capital Program ("RACP"), in an aggregate amount not to exceed Fifteen Million Three Hundred Fifty Thousand Dollars ($15,350,000) to assist in the development of the Franklin Institute, Holy Family University, Irish Memorial, Inc., Kimmel Center, and WHYY II.