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Punt's grant could be boost for downtown

December 15, 2005|by RICHARD F. BELISLE

WAYNESBORO, Pa. - The effort to revitalize downtown Waynesboro received another big shot last week when state Sen. Terry Punt, R-Franklin, secured a $500,000 state grant to help owners of new businesses pay their rent for the first three years and existing businesses renovate buildings and upgrade equipment.

The owners of new businesses would receive $1,000 per month toward their rent for the first year followed by 66 percent the second year and 33 percent the third year, according to Punt.

Owners of existing businesses would get up to $50,000 one time to renovate buildings and upgrade equipment.

The grant is expected to become available around July 1.

In addition, Main Street Waynesboro Inc. filed an application last month for a $175,000 grant for a professional manager to recruit new and retain existing businesses. The borough is coming up with a $90,000 matching grant.

The $175,000 will be spread over five years.

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The goal of all of the efforts, Main Street leaders said, is to turn a tired, decaying business center into a vibrant entity much like it was a half-century ago.

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