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BerksIDA is proud to partner with the Greater Berks Development Fund and Greater Reading Chamber Alliance as well as the Reading Redevelopment Authority in working to reclaim the site of the former Pennsylvania Optical Company building in … [Read more...] about Penn Optical site sees better days ahead with help from BerksIDA and Greater Berks Development Fund

One of the major costs of developing a property is utility infrastructure. It can be very costly to get water, sewer, and electrical service to new buildings. In many cases around Berks County, we heard from municipalities and developers … [Read more...] about Need Public Works? We’ve got an answer for that!

2024 marks five years for me at BerksIDA, three of those as Executive Director. It’s a milestone that brings to mind four words: gratitude, collaboration, results, service. First, gratitude. I am proud of our work at BerksIDA and … [Read more...] about From the Executive Director: Reflecting on Five Years

With interest rates high, affordable borrowing becomes a priority. BerksIDA may be able to help you lower your costs with tax-exempt financing. Tax-exempt financing is a borrowing arrangement in which the lender pays no federal or state … [Read more...] about Save Money on Borrowing Costs with BerksIDA

Berks Park 183, a BerksIDA project, was partially returned to the tax rolls this year and will generate over $575,000 per year in tax revenue for Berks County on a site that previously sat vacant and generated nearly no taxpayer value for … [Read more...] about Berks Benefits from Tax Revenue