The New Landscape of Public Subsidy for Development

Wednesday, March 7, 2018

Jeffrey Mills, a member of Cozen O'Connor's Real Estate Practice Group, discussed with Developing Pittsburgh about the use of public grants and loan assistance to make private development feasible through public/private partnerships (P3). Jeff discussed two projects that reflect the changing landscape. "Clarion County, the borough and the school district provided Tax Increment Financing (TIF) to do 100 percent of the project. We closed on the TIF in February," Mills reports. "But we were able to leverage the TIF into the Business In Our Sites (BIOS) funding. PA awarded a $4.5 million BIOS loan and also awarded a $1.1 million BIOS grant," Mills added. 

To read more of this article, click here.

Share on LinkedIn


Jeffrey A. Mills


(412) 620-6484


Related Practice Areas

Keep up-to-date with the latest news from Cozen O'Connor

Enter your City or Zip.

Probably shouldn't change this:
Sign up to receive alerts, publications, and event / webinar invites.

By submitting your contact information, you are giving Cozen O'Connor consent to contact you via email.