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The treasurer also serves on boards that oversee state pension funds and has a voice in how these funds are managed and invested. Other board-related activities allow the treasurer to help provide Pennsylvania schools with tax-exempt financing for modernization, make grants to distressed communities, and finance the purchase of rental housing ...
In early 1990, the Pennsylvania State Employees’ Retirement System committed to providing $5 million of the goal of Frederic J. Beste III, the president and chief executive officer of NEPA Management Corp., to raise $15 to $20 million in economic development investment funds for businesses in the northeastern Pennsylvania region. [9]
Impact investing organizations and funds also make equity investments like traditional private equity and venture capital funds, but only investments with developmental impact. [ 35 ] [ 36 ] [ 37 ] According to a 2021 study by the Wharton School of the University of Pennsylvania venture capital has been dominating the impact investment space.
Sep. 1—WILKES-BARRE — Treasurer Stacy Garrity this week announced that Pennsylvania will receive more than $20 million in unclaimed property following a settlement that concludes the landmark ...
As of January 2020, PHFA has generated nearly $14.6 billion of funding for more than 178,325 single-family home mortgage loans, helped fund the construction of 136,215 rental units, distributed more than $109.2 million to support local housing initiatives, and saved the homes of more than 50,200 families from foreclosure.
As the April 18 tax deadline nears and state returns are filed, many Pennsylvania taxpayers will likely be — or are already — wondering how long it’ll take to get their refunds this year.
The Pennsylvania Department of Revenue (DOR) is an agency of the U.S. state of Pennsylvania. The department is responsible for collecting all Pennsylvania taxes, including all corporate taxes and taxes on inheritance, personal income, sales and use, realty transfer, motor fuel, and all other state taxes. [1]
The measure, which passed by a vote of 41 to 7, also would bar the state treasurer and public pension systems from boycotting or divesting from Israel's government or commercial financial activity ...