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The Mid Mon Valley Regional Enterprise Zone

The Mid Mon Valley Regional Enterprise Zone (MMVREZ) is a nine-community enterprise zone program certified under the Commonwealth of Pennsylvania’s Enterprise Zone Program. The MMVREZ includes nine communities with target zones. Businesses located in the target areas can qualify for low-interest loans, special consideration under state grant programs and tax credits. Provided below is a listing of participating communities and a link to the state-approved strategic plan for the enterprise zones.

Mid Mon Valley Regional Enterprise Zone Communities

  • Brownsville
  • Belle Vernon
  • California
  • Charleroi
  • Donora
  • Monongahela
  • Monessen
  • North Charleroi
  • Speers

Benefits to Business

The Commonwealth of Pennsylvania Enterprise Zone program provides a number of advantages for qualifying businesses located within enterprise zones or those seeking to locate within an Enterprise Zone (EZ).

  • Priority consideration for other DCED grants and loan funds.
  • Eligible to apply for competitive low-interest loans for up to $350,000 (loans are limited to 30% of a project and require one new job for every $35,000 of an EZ loan). Rehabilitation, Expansion, Improvement to a building(s), Improvement to land, Engineering, Architecture, Acquisition
  • The Lowest statewide prevailing interest rates on other DCED business development loan programs.
  • Eligible to apply for up to a 25% tax credit applied to up to $500,000 of the cost of building construction, expansion or improvements.
  • Designation as Socially and Economically Restricted Businesses to confer advantage in bidding on state government contracts for five years after the zone exits the program.

Qualifying businesses are private companies, including agricultural, industrial, manufacturing, or research and development enterprises (real estate developers) within Pennsylvania. Qualifying businesses include any enterprise defined by the Pennsylvania Industrial Development Authority Act or the Pennsylvania Economic Development Financing Law. Employment opportunities need be created for low-income individuals located in a designated Enterprise Zone.

NAP/EZ Tax Credits

Click here for info.

Competitive Grants to Loan

Enterprise Zone organizations are encouraged to apply for Competitive grants on behalf of an eligible business located within the zone. Competitive grant funds are granted to the Enterprise Zone organization, which loans the funds to the eligible business. Eligible businesses include industrial, manufacturing, and technology-oriented businesses that are located within the boundaries of the designated Enterprise Zone. The businesses must be expanding into or located within the Enterprise Zone area. Corporate/regional headquarters for any type of firm may be funded with Enterprise Zone Competitive grant-to-loan funds.

Competitive grants are awarded to Enterprise Zones to establish a financially viable Revolving Loan Fund (RLF) that will continue to carry out the purposes of the program after the Enterprise Zone has exited the program and operational funding has stopped.

For information please download the following PDFs:

The Mon Valley Progress Council
435 Donner Avenue | Suite 410 | Monessen, PA 15062 | 724-684-3381 | Fax: 724-684-5113