Pennsylvania’s Commonwealth Finance Authority met on September 19th. They approved several loans including Epsucheolige and Curtis Hoffman. EDC Finance Corporation assisted the Hoffman’s in acquiring a $400,000, 15-year agriculture loan through PIDA at a 2.75% rate.

Also at the meeting, new funding was announced to aid Pennsylvania’s dairy industry. The $5 million is the first funding made available under the Pennsylvania Dairy Investment Program and will help dairy farmers capitalize on new opportunities and overcome challenges. To learn more about the program, please visit DCED’s site.

Click on the following links to learn more about the funding and the Hoffman’s agriculture loan:

https://lancasteronline.com/news/local/dairy-farmers-get-million-in-grants-for-new-initiatives-including/article_0e277bdc-bc17-11e8-a71e-8fd27a56a903.html

http://mychesco.com/a/news/pennsylvania/wolf-administration-new-grant-program-is-an-investment-in-pennsylvanias-dairy-industry-farmers/

https://www.governor.pa.gov/wolf-administration-new-grant-program-investment-pennsylvanias-dairy-industry-farmers/