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The only grant awarded in the county was $2,455,600, to Bucks County Industrial Development Authority.
According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
The following table shows how much the EDA invested in projects in all counties in Pennsylvania in 2020.
Total awarded by county in Pennsylvania (2020)
Rank | County | Total |
---|---|---|
1 | Allegheny County | $9,371,855 |
2 | Philadelphia County | $8,458,000 |
3 | Venango County | $8,425,091 |
4 | Lycoming County | $7,000,000 |
5 | Union County | $6,325,000 |
6 | Blair County | $4,320,000 |
7 | Cambria County | $3,900,000 |
8 | Luzerne County | $2,728,000 |
9 | Bucks County | $2,455,600 |
10 | Elk County | $2,076,000 |
11 | Indiana County | $1,353,000 |
12 | Clinton County | $785,450 |
ORGANIZATIONS IN THIS STORY
Plumsteadville• Newtown Grant• Borough of Langhorne• Dublin Borough• Upper Southampton Township• Village Shires• Borough of Sellersville• Milford Square• Fairless Hills• Woodside• Borough of Chalfont• Nockamixon• Borough of Doylestown• Brittany Farms-The Highlands• Bensalem• Borough of Langhorne Manor• Hilltown• Bristol Borough• Newtown Borough• Borough of Yardley• Churchville• Cornwells Heights• Borough of Richlandtown• Croydon• Borough of Hulmeville• Bedminster• Feasterville• Spinnerstown• Bridgeton• Haycock• Falls• Lower Makefield• Borough of Tullytown• Morrisville Borough• Eddington• Borough of New Hope• Borough of Ivyland• Bristol Township• Borough of Riegelsville• Borough of Penndel• Borough Of New Britain• Upper Makefield• Wrightstown• Trevose• Woodbourne• Levittown• Borough Of Trumbauersville• Warminster Heights• Borough Of Silverdale• Lower Southampton• Borough Of Perkasie• Richboro• Borough Of Quakertown• Solebury
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