Pennsylvania Defers Payment Obligations and Maturity Dates by 3 Months on Loans from Various Commonwealth Agencies

Today, Department of Community and Economic Development (DCED) Secretary Dennis Davin announced that the Pennsylvania Industrial Development Authority (PIDA), Pennsylvania Minority Business Development Authority (PMBDA), and Commonwealth Financing Authority (CFA) are deferring loans and that the maturity dates and amortization schedules of all applicable loans are extended by three additional calendar months.

To read the full text of this post by partner Brad Molotsky, please visit the Duane Morris Project Development, Infrastructure and P3 Blog.

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