Since the Shapiro Administration took office in 2023, PIDA has approved $161,400,538 in low-interest loans.
Senate passes bill to waive interest on short-term budget impasse loans
Counties, early education programs, rape prevention, and domestic violence prevention centers could pay no interest on loans from the PA Treasury.
Shapiro admin. spends more than $2M through new PIDA loan for job creation in Bucks
In 2025, the Pennsylvania Industrial Development Authority (PIDA) has approved $22,303,909 in low-interest loans.
Shapiro Administration loans $1M to company to acquire Upper Southampton manufacturing facility
In 2025, the Pennsylvania Industrial Development Authority (PIDA) has approved $21,103,909 in low interest loans that have resulted in $45,742,877 in private investment, the creation of 123 full-time jobs, and retention of 125 existing jobs.
Bipartisan Davis bill to fight property blight passes House
The proposed new fund would provide low-interest, long-term loans to county redevelopment authorities to acquire, rehabilitate and return blighted residential or commercial properties to productive use.
