Chamber & CREDC News - Page 2 of 24 - Harrisburg Regional Chamber & CREDC

November 13, 2025

President Signs Legislation to Reopen Federal Government

On Wednesday, November 12, President Trump signed legislation that funded and reopened the United States government. The Senate secured enough votes on Monday to pass a package of bills that will fund federal operations through January 30, 2026. The bills also fully fund agricultural, military construction, and veterans affairs programs through September 2026. The deal…

November 13, 2025

State Budget Passed After Months-long Stalemate

On Wednesday, November 12, Governor Josh Shapiro signed the 2025-26 Pennsylvania budget into law after a months-long impasse. The budget totals $50.1 billion in spending, an increase of 4.7% from 2024-25. The budget makes investments in job creation, business attraction, and workforce development without dipping into Pennsylvania’s Rainy Day Fund. Highlights for the business community…

October 31, 2025

State Senate Passes Legislation to Repeal RGGI in Pennsylvania

The Senate of Pennsylvania recently approved legislation that would repeal Pennsylvania’s participation in the Regional Greenhouse Gas Initiative (RGGI). Senate Bill 1068, sponsored by Senator Gene Yaw, was approved by the Senate in a vote of 33-17. RGGI is a multi-state compact in which participating states require fossil fuel power plants to purchase allowances for…

October 31, 2025

Federal Judge Rules that SNAP Benefits Must Continue During Shutdown

As the federal government shutdown continues, the U.S. Department of Agriculture (USDA) announced a pause in the distribution of Supplemental Nutrition Assistance Program (SNAP) benefits as of November 1. This would be the first full stoppage of SNAP since the program began during the Great Depression. Approximately 2 million Pennsylvanians receive SNAP benefits. In Cumberland, Dauphin, Perry,…

October 27, 2025

Member Insights: The Rise of Regionalism

Contributed by Eric Rensel, Owner & President of Rensel Consulting, LLC Two of my biggest cultural influences as a Gen X kid were being a crazed Star Wars fan and carrying around a permanent imprint of Seinfeld humor. The combination of epic struggles over balance and power mixed with the ironic observation of everyday absurdity…

October 23, 2025

Osage Piping Secures PIDA Approval to Support Ownership Transition and Facility Acquisition

Highspire, PA – September 3, 2025 – The Capital Region Economic Development Corporation (CREDC) has announced that the Pennsylvania Industrial Development Authority (PIDA) approved a $1.46 million Traditional PIDA loan to support Osage Piping & Fabricating, Inc. in acquiring its manufacturing facility at 85 Industrial Road, Highspire, PA. The project supports a planned ownership transition…

October 22, 2025

Grant Application Season Brings New Opportunities for Regional Investment

It’s a busy time for two major Commonwealth grant programs: the Redevelopment Assistance Capital Program (RACP) and the Local Share Account (LSA) Statewide Program. Both opened within a week of each other, sparking strong interest from organizations eager to invest in the Harrisburg region. RACP Projects Led by CREDC The RACP application window stayed open…

October 22, 2025

Bowman Insurance Group Completes SBA 504 Loan for Headquarters Purchase

Hershey, Pa. – August 2025 – CREDC continues to help small businesses grow through SBA 504 financing, which enables entrepreneurs to buy real estate, build equity, and strengthen their presence in the community. Recently, CREDC finalized an SBA 504 loan for Bowman Insurance Group (operating as Big Risk Partners, LLC) to purchase its office building…

October 22, 2025

PA Catalyst Loan Fund Spotlight: Supporting Local Business Growth Across the Region

Harrisburg, PA – October 2025 – The Capital Region Economic Development Corporation (CREDC) continues to grow small business investment across Central Pennsylvania through the Pennsylvania Catalyst Loan Fund (PACLF). Supported by the State Small Business Credit Initiative (SSBCI), this program helps entrepreneurs access affordable financing for expansion, real estate investment, and community revitalization. Recently, CREDC…

October 22, 2025

CREDC Secures Two SBA 504 Loans to Boost Small Business Growth

Harrisburg, Pa. – October 2025 – The Capital Region Economic Development Corporation (CREDC) has announced two new SBA 504 loan approvals that will help small businesses in Dauphin County grow and gain long-term property ownership. The projects, Kiddie Academy of Harrisburg and The Hershey Tavern, show how the SBA 504 program helps entrepreneurs move from…

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