Grant of $250,000 Received for the Marshallton Thorndale Road & Poorhouse Rd. Roundabout Project
The Township is excited to announce that we've secured another Commonwealth Financing Authority Multimodal Fund Grant worth $250,000.00 for the SR3055 Marshallton-Thorndale Rd. & Poorhouse Road Roundabout project! This brings our total awards to $2,325,266.00. Let's pave the way for safer, smoother travels together! We have a few other grant applications in the works that will be used for this project, if granted by the funding agencies.
The Multimodal Transportation Fund provides grants to encourage economic development and ensure that a safe and reliable system of transportation is available to Pennsylvania residents. Eligible projects include the development, rehabilitation, and enhancement of transportation assets to existing communities, streetscape, lighting, sidewalk enhancement, pedestrian safety, connectivity of transportation assets, and transit-oriented development.
The Commonwealth Finance Authority was established in 2004 as an independent agency of the Pennsylvania Department of Community and Economic Development to administer Pennsylvania’s economic stimulus packages. It holds fiduciary responsibility over the funding of programs and investments in Pennsylvania’s economic growth.