– Pennsylvania Department of Community and Economic Development (DCED) Secretary Dennis Davin announced the approval of four agricultural projects funded by the First Industries Fund (FIF). These projects, located in Bedford, Lebanon and Snyder counties, will help existing farms expand their operations, generate additional income and move agribusiness to the next generation of farmers.
âThe Commonwealth’s agricultural industry plays a major role in fueling the economy, and this aid supports agricultural projects poised to advance and grow,â said Sec. Davin. “With this funding, agribusiness across Pennsylvania can move forward with the steps necessary to expand and increase operating capabilities, continuing to make a critical contribution to this powerful industry.”
The approved projects are as follows:
County of Bedford
Justin and Saralyn Martin, through the Southern Alleghenies Planning and Development Commission, have been approved for a 15-year $ 391,160 PIDA loan at a fixed rate of 2.5% for the construction of a nursery 4,800 head pig on Martin’s farm located in Liberty Township, Bedford County. The Martins recently entered into a five-year contract with Country View Family Farms for all hog sales. The project will allow the farm to diversify its sources of income and significantly increase its income. The total cost of the project is $ 841,160.
Jeffrey and Karen Zuck, through the Lebanon Valley Economic Development Corporation, were approved for a 15-year $ 340,000 PIDA loan at a 1.5 percent reset rate for the construction of a chicken coop. 63 “x 500” and a composting building on a 100 hectare farm land located in South Lebanon Township, Lebanon County. This will be the third chicken coop built on the property. The Zucks are currently under contract with Bell and Evans and the third chicken coop will also fall under that contract. The total cost of the project is $ 680,000.
Curvin and Dawn Good, through the Lebanon Valley Economic Development Corporation, have been approved for a 15-year $ 290,600 PIDA loan at a 1.5% reset rate to build a 31-year chicken coop. 500 square feet located in Myerstown, Lebanon County. . This will be the third chicken coop to be built on the property. The goods are currently under a seven-year contract with Bell and Evans and the third chicken coop will also fall under this contract. The total cost of the project is $ 581,200.
Lance Sensenig, through SEDA-Council of Governments, has been approved for a 15-year $ 400,000 PIDA loan at a 1.5% reset rate for the acquisition of an egg farm from 16.47 acre poultry located in Monroe Township, Snyder County. The farm consists of three story houses totaling 42,000 square feet with a total capacity of 40,000 hens. Lance has contracted with LeValle Egg Farms, LLC, for all egg sales and will also operate the farmland and sell all manure generated on the farm to the current pre-established buyer. The total cost of the project is $ 1,515,000.
âPennsylvania’s agriculture industry supports more than 593,000 jobs and fuels our state’s $ 134.5 billion economy each year,â Agriculture Secretary Russell Redding said. âInvesting in these operations strengthens their ability to meet demand and continue to feed our families, our economy and our world. “
For more information on the Commonwealth Funding Authority or the Department of Community and Economic Development, visit the DCED website and be sure to stay up to date with all news from our agency on Facebook, Twitter, and LinkedIn.
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