Monthly Archives: June 2015

Farm Loan Program Surges

Fund to help keep land in families has nearly doubled
Intelligencer Journal
July 24, 2008

BY P.J. REILLY, Intelligencer Journal Staff

David and Ruthie Blank want to become part of Lancaster County’s next generation of farmers.

Since 2001, the couple has rented a 70-acre farm in Salisbury  Township from David’s parents to run a 52-cow dairy.

Thanks in part to a […]

Published on June 1st, 2015|

SPOTLIGHT: Next Generation Farmer Loan Program

Pennsylvania Department of Agriculture
PAgrows quarterly e-newsletter
June 2008

The Next Generation Farmer Loan Program is Pennsylvania’s enactment of a national Agricultural or “Aggie” Bond Program developed to assist beginning, first-time farmers to purchase land, farm equipment, farm buildings and breeding livestock through reduced interest rate loans.

Through an Aggie Bond program, the state coordinates the creation of a […]

Published on June 1st, 2015|

EDC Offering Broader SBA Loan Program

Lancaster New Era
June 4 , 2008
By TIM MEKEEL, New Era Staff Writer

The Economic Development Co., once focused on serving traditional smokestack industries, again is reaching out to a new clientele.

The non-profit organization has started offering a type of U.S. Small Business Administration loan that can fuel the growth of all kinds of small businesses, it […]

Published on June 1st, 2015|

EDC Expands Program to 6 Boroughs

Lancaster New Era
April 24, 2008
By TIM MEKEEL, New Era Staff Writer

The Economic Development Co. of Lancaster County believes what’s good for the city can be good for the county.

So it has obtained $4 million that it will use to take the state’s Building PA financing program here, previously just available in the city, to six […]

Published on June 1st, 2015|

EDC Helping to Boost Local Farm Economy

Lancaster New Era 

December 11, 2007
By TIM MEKEEL, New Era Staff Writer Smokestacks.

Sure, the Economic Development Co. of Lancaster County likes smokestacks. But in the past seven years, it’s gotten fond of silos too.

The EDC has become a major financier of agriculture in Lancaster County by tapping in to three recently enacted state programs.

Since 2000, it has […]

Published on June 1st, 2015|

EDC Finance Hits $50 Million Milestone

Intelligencer Journal (Lancaster, PA)
December 8, 2007
by PATRICK BURNS
LANCASTER COUNTY, PA – EDC Finance Corp., the financing partner of a Lancaster County quasi-government organization, will soon hit the milestone of helping local agricultural entities obtain $50 million in financing since 2000.

Through the Lancaster Economic Development Co., EDC-procured funds have directly impacted 70 farms and more than […]

Published on June 1st, 2015|

Press Release : EDC Finance Corporation Marks Ag Lending Milestones

FOR IMMEDIATE RELEASE
EDC Finance Corporation Marks Ag Lending Milestones . . .
Soon to Reach $50 Million in Total Investment
Celebration event featuring PA Secretary of Agriculture slated for Dec. 11
at Pequea Township Farm
Lancaster, PA December 7, 2007 – EDC Finance Corporation, a private not-for-profit business financing partner of the Economic Development Company of Lancaster County […]

Published on June 1st, 2015|