Sharpsburg Declines PENNVEST Grant and Loan Package
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Description
Sharpsburg Borough Council intends to decline a PENNVEST financing package that included a $1,764,298 grant and a $9,123,913 loan, citing restrictions that require accepting the loan with the grant. The decision rejects the proposed state funding arrangement for local projects.
Contract Details
Contract Amount
$1,764,298 grant and $9,123,913 loan
Vendor
PENNVEST
Agency
Borough of Sharpsburg, PA
Contract Type
FINANCIAL_SERVICES
Document Date
April 23, 2026
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Sharpsburg Borough Council Meeting Agenda April 2026
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