IDA (Industrial Development Authority)

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Mission Statement

Our Mission Statement

 
The Greene County Industrial Development Authority's concentration is on Economic Development. The Authority’s focus is on the creation, attraction, and retention of business. GCIDA offers financial assistance through a variety of loan programs, and also offers techincal assistance. To offer this assistance, GCIDA works with our federal and state legislators as well as development partners, (Waynesburg University and the University of Pittsburgh Institute of Entrepreneurial Excellence) to further expand business opportunities throughout the County. GCIDA is the lead agency for industrial recruitment and expansion in Greene County, and actively partners with the Greene County Board of Commissioners to foster economic growth in the County. Through the support of local government, GCIDA provides information and assistance for manufacturing and distribution investors interested in site locations for new or expanding operations. 

 

Contact Information

County Office Building
93 E. High St Suite 214
2nd Floor
Waynesburg, PA 15370-1839
Get Directions
Hours of Operation: M-F, 8:30AM to 4:30 PM

Department Contacts:

Connie Bloom
Director

Services We Can Offer

Review the services listed below to see what assistance the GCIDA may be able to offer.  Whether you already have a small business or are looking to start one, GCIDA is here to assist you with business related matters. 

 The Revolving Loan Fund (RLF) was established to provide seed money to promote job development and business growth and expansion within Greene County. The RLF is designed to stimulate expansion and assist small business for the purpose of retaining and creating job development in Greene County. 

As a part of our Revolving Loan Funding, due to COVID, the IDA has created an Emergency Loan Program to assist our local businesses during this economic disaster. 

Eligibile Activities-
  • Working capital
  • Rent/lease payments
  • Utilities
  • Vendor invoices
  • Refinancing
  • Loan consolidation
  • Equipment purchase
  • Site locations
Interest Rates- Annual fixed rate of 1% with the exception of refinancing/debt consolidation which will be an annual fixed rate of 2%

Term- Emergency Loans will have a repayment period of fifteen (15) years.

Loan Amount- Maximum amount for loans will be $50,000

Deferral Period- For the first ninety (90) days, loans will be deferred and interest free. 

 

PEDFA Fee Schedule


                         In order to foster economic development and support local business, the Greene County Industrial Development Authority charges the following fees for the issuance of bonds and notes:

                                          1. A non-refundable $2,000.00 application fee.
                                          2. A placement fee for sponsoring applications for bonds issued by Pennsylvania Economic
                                              Development Financing Authority or other authorities up to 20 basis points of the bond
                                              issue amount.
                                          3. A fee for Private Activity Bonds issued by the Authority in the amount of $10,000.00 or
                                              an amount equal to 20 basis points of the amount of the bond or note, whichever is
                                              greater.

Board of Directors

For more information about the GCIDA Board of Directors meetings and minutes, click here.

Greene Site Search

The Greene Site Search is a collaborative project between the following agencies:
  • Greene County Economic Development agencies
  • Greene County Realtors
  • Pittsburgh Regional Alliance
  • GIS Planning
The website lists properties currently available in Greene County as well as extensive demographic, labor force, wage, and consumer spending information for municipalities within Greene County. Greene Site Search is funded by the Greene County Board of Commissioners. Click here for Available Properties.