October 20, 2026 – Altoona, PA – The Altoona Blair County Development (ABCD) Corporation is pleased to announce that four Blair County projects have been awarded a combined $1,044,500 in tax credits through the Commonwealth of Pennsylvania’s Neighborhood Assistance Program (NAP).
The Neighborhood Assistance Program encourages private-sector investment in projects that strengthen communities, support economic development, and improve quality of life. The program consists of five components: Neighborhood Assistance Program (NAP), Special Program Priorities (SPP), Neighborhood Partnership Program (NPP), Charitable Food Program (CFP), and Enterprise Zone Program (EZP).
ABCD Corporation provided technical assistance and support for two of the four projects receiving awards:
Greystone Metro, LLC – $500,000 in Enterprise Zone Program (EZP) Tax Credits – Greystone Metro, LLC was awarded $500,000 in tax credits to support the complete redevelopment of the former Penn Central building in downtown Altoona. The project will transform the property into a mixed-use development featuring 25 market-rate residential units and 6,000 square feet of commercial space, contributing to continued investment and revitalization in downtown Altoona.
Greater Altoona Economic Development Corporation (GAEDC) – $522,500 in Neighborhood Partnership Program (NPP) Tax Credits – GAEDC was awarded $522,500 in tax credits as it enters the second year of its previously approved Neighborhood Partnership Program initiative. Through this program, GAEDC will continue accepting private-sector contributions to support the City of Altoona in advancing the goals and objectives outlined in its comprehensive plan.
Two additional Blair County organizations received tax credit awards to support important community initiatives:
The Nehemiah Project, Inc. – $13,000 in Neighborhood Assistance Program (NAP) Tax Credits – The Nehemiah Project was awarded $13,000 in tax credits to renovate aging bathrooms at The Wright Place. These improvements will enhance safety, accessibility, cleanliness, and comfort while providing a more welcoming environment for the children, families, and community members served by the facility.
Center for Community Action – $9,000 in Special Program Priorities (SPP) Tax Credits – The Center for Community Action was awarded $9,000 in tax credits to support its housing counseling services. The initiative will focus on improving financial literacy and providing tenants with the education and guidance needed to successfully manage their housing responsibilities and promote greater housing stability.
“These investments reflect the power of public-private partnerships and a shared commitment to strengthening Blair County,” said Stephen McKnight, President and CEO of ABCD Corporation. “We are grateful to our private-sector investors, Senator Judy Ward, Representatives Scott Barger and Andrea Verobish, and Regional Department of Community and Economic Development Director Johnna Pro along with the Administration team for their continued support. Their collaboration helps turn important community projects into reality, creating lasting benefits for our businesses, neighborhoods, and residents.”
About the Altoona Blair County Development (ABCD) Corporation: ABCD Corporation is a private non-profit 501(c)3 certified economic development corporation. We work as a catalyst for business expansion in Blair County, Pennsylvania and through regional partnerships. www.abcdcorp.org
