I started at the Community General Hospital, which has received $5 million in federal funding from the New Market Tax Credits program to restore the facility. This will keep about 400 jobs downtown and create about 95 more when the project is complete.
Next, we went to the Berks County Trust Building, which recently completed its renovation, funded in part with $2.5 million in federal New Market Tax Credits and $3 million in federal Historic Tax Credits. Operating as Vision Federal Credit Union’s eastern Pennsylvania operations center, the project created 120 jobs, 39 quality workforce housing apartments, and a downtown food court incubator. (Pro tip: try the donuts!)
Last, we stopped by the Trexler Mansion. The mansion is undergoing a complete renovation, partially funded with $1.5 million of federal Historic Tax Credits and American Rescue Plan Act funds. This historic building has been sitting vacant for nearly 50 years and will return another beautiful event and community space to downtown Reading. View more photos from this tour here.