PEDA - Pennsylvania Economic Development Association

Redeveloping Blighted Properties: Financing Solutions

  • 05/08/2013
  • 2:00 PM - 3:30 PM
  • Online Webinar (Log-in credentials will be provided to registrants in advance of the session.)


Click here to download the registration brochure.

Members - $75; Non-members $99

This session is recognized by the Pennsylvania Economic Development Institute and by the EDP certification program of the Northeastern Economic Developers Association (NEDA).

This seminar will feature a detailed review of public financing programs including federal and state tax credit programs designed to leverage private investment.  Several detailed case studies will be profiled that illustrate how public and private funding is blended to successfully accomplish the redevelopment of deteriorated commercial and residential properties in and around downtown areas.

The seminar is targeted at economic and community development professionals, local public officials, private and non-profit developers and other community stakeholders.

The seminar will feature:

·        A detailed presentation on the most useful state and federal grant/loan/tax abatement programs to accomplish redevelopment of deteriorated properties

·        A detailed presentation on state and federal tax credit programs that will help communities leverage private investment

·        How to evaluate the project to determine the appropriate amount of private investment so as to minimize the amount of public financing needed to accomplish the project

·        Key points to emphasize in funding requests for public financing

·        How to use the availability of public financing to attract a private developer

·        How to best leverage bank funds in redevelopment projects

Mr. Gulotta served as Executive Director of the Redevelopment and Housing Authorities of Cumberland County for thirty years between 1980 and 2010.  In this position, he was responsible for developing and implementing housing and community development strategies for Cumberland and Perry Counties.

Mr. Gulotta has led strategic planning sessions with elected and appointed officials, non- profit organizations as well as private citizens in a variety of areas including economic and community development, homelessness, and the redevelopment of downtowns and rural town centers.

Mr. Gulotta is a recognized expert on how to package public and public financing to obtain results. During his time with the Redevelopment and Housing Authorities the organization had over twenty-five national and state award winning projects which addressed compelling community needs, demonstrated innovation and leveraged private funding.  Additionally, his working knowledge of the real estate development process has been helpful in moving projects from the concept phase to the build-out phase.

Mr. Gulotta is a graduate of Dickinson College, the Penn State University Masters Degree Program in Urban and Regional Planning, and the Dickinson School of Law.  He has served on several statewide and regional boards and, throughout his career, has received numerous awards, among them the 2010 Commonwealth of Pennsylvania Supportive Housing Award, the 2008 Leadership Award from the Housing Alliance of Pennsylvania, and the 2009 Distinguished Alumni Award from Dickinson College.

Attention Certified Providers: This course is approved to provide 1.5 organizational PDUs (Finance) as explained in the Guidelines for Certification of Economic Development Organizations issued by the Pennsylvania Department of Community and Economic Development and in the Institute’s Policies and Procedures.

*Note: We reserve the right to reschedule or cancel this offering.  In the event of a cancellation, a full refund will be provided to registrants.

Cancellation & Refund Policies:
Requests for cancellations and refunds must be made in
writing and received by close of business April 29th. No
refunds will be granted after that point. All refunds are
subject to a $50 administrative fee. No-shows will be billed
in full.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer

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