The 2025-26 Pennsylvania state budget is now close to being two months late as legislators advance competing proposals in the General Assembly. On Aug. 11, the Pennsylvania House of Representatives approved a bill to increase public transit funding, avoiding anticipated cuts in service, while also providing more funding for highway maintenance and construction and instituting…
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HERSHEY, Pa. – The Capital Region Economic Development Corporation (CREDC) successfully closed a $2 million PIDA loan on June 26, 2025. The loan will support the expansion of Hidden Still Distillery in Hershey, Pennsylvania. Founded by David Stein in 2014, Hidden Still is one of the largest producers of Pennsylvania craft straight bourbon whiskey, according…
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The Capital Region Economic Development Corporation (CREDC), serving Dauphin, Cumberland and Perry counties, plays a vital role in leveraging Pennsylvania’s Redevelopment Assistance Capital Program (RACP) to drive economic growth across Central Pennsylvania. Since 2001, CREDC has facilitated more than $53 million in RACP funding for 29 projects, serving as a critical link between state resources…
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The Capital Region Economic Development Corporation (CREDC) is moving forward with the Impact Harrisburg Initiative to address findings from the Harrisburg Disparity Study. The study showed that disadvantaged, minority- and women-owned businesses (DBEs, MBEs, and WBEs) are underutilized in city procurement, despite being available in the vendor marketplace. Through this initiative, CREDC will help build…
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Hershey, Pa. – The Capital Region Economic Development Corporation (CREDC) announced that Hidden Still Distillery received approval for a $2 million loan from the Pennsylvania Industrial Development Authority (PIDA). The loan, approved on May 7, 2025, will support the acquisition and renovation of Hidden Still’s Hershey facility. Founded by David Stein in 2014, Hidden Still…
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Harrisburg, Pa. – The Capital Region Economic Development Corp. (CREDC) closed a $207,500 PA Catalyst Loan Fund project on March 6 to fuel the continued growth of Triple P Fitness in Harrisburg. Owned by Noah Parsons, Triple P Fitness offers personalized, results-driven training programs aimed at improving clients’ health and wellness. With this loan—funded through…
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Camp Hill, Pa. – The Capital Region Economic Development Corporation (CREDC) successfully closed an SBA 504 loan on March 27. The funding supports the acquisition of Cornerstone Coffeehouse in Camp Hill. Local entrepreneurs Caleb Watters and Ali Shover, operating as JL BS Investments LLC, are now the café’s new owners. They plan to maintain its…
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HARRISBURG, Pa. – The Capital Region Economic Development Corporation (CREDC) has announced the approval of a Small Business Administration (SBA) 504 loan to support the acquisition of the Cornerstone Coffeehouse, a beloved local institution located at 2133 Market St. in Camp Hill. The project secures the future of this cherished establishment while promoting economic growth…
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Harrisburg, Pa. – The Capital Region Economic Development Corporation (CREDC) is thrilled to announce the closing of a PA Catalyst Loan Fund project for Thrive Fit Co., a fitness and wellness studio in Camp Hill, Pa. This project reflects CREDC’s dedication to fostering entrepreneurship and enhancing community health through strategic investment. Founded by Ashley Mentzer,…
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The Capital Region Economic Development Corporation (CREDC) is pleased to report significant interest in the latest round of the Statewide Local Share Account (LSA) program. This year, CREDC fielded fifteen inquiries and helped facilitate ten applications, requesting a combined total of $5.1 million in funding. These applications support projects focused on renovation, construction, and vehicle…
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