Commonwealth Finance Authority Approves Funding for Projects in Horsham, Lower Gwynedd, and Upper Moreland

Willow Grove—Today, State Senator Stewart J. Greenleaf (R, Montgomery, Bucks) announced that the Commonwealth Finance Authority approved grants and loans for three projects in the 12th Senate District totaling over $13 million.  

Spring House Innovation Park in Lower Gwynedd Township

The Redevelopment Authority of Montgomery County was awarded a $4 million grant and a $8.04 million loan for the redevelopment of the former Rohm and Hass facility in Lower Gwynedd Township. 

The 133 acre abandoned campus and 14 buildings was purchased in 2017 by the MRA Group who plans to transform the site into the Spring House Innovation Park.  The park will be a multi-tenant research and development campus that will combine university affiliated research, advanced manufacturing, and business incubation using the existing laboratory infrastructure.  The project is anticipated to create 400 jobs.

Horsham Township Intersection and Roadway Improvements

Horsham Township has been awarded a $1 million Multimodal Transportation Fund grant for intersection and roadway improvements along Horsham Road and Limekiln Pike.

The project includes the widening of 0.75 miles of Horsham Road and 0.6 miles of Limekiln Pike to provide extra capacity through the heavily congested intersection.  Horsham Road will carry two additional lanes in each direction between Limekiln Pike and Davis Grove Road.  Limekiln Pike will carry an additional through lane in each direction.  Two new traffic signals will be installed—one at the Limekiln and Horsham Road intersection and the other at Horsham and David Grove Road.  Sidewalks, ADA ramps, and crosswalks will be implemented at both locations.  The total cost of the project is $5.98 million.

Upper Moreland Bio-filtration Basin

Upper Moreland Township has been awarded a $200,000 Watershed Restoration Protection Fund grant for the installation of a bio-filtration basin in Fair Oaks Park.  The project will improve storm water management in the Pennypack Creek watershed and alleviate sediment pollution that results from runoff.  The total project cost is $560,417.

Senator Greenleaf said, “I am pleased that the Commonwealth Finance Authority has come through with funding for these three important projects for our local communities.  These grants help support very costly projects for local municipalities.  This round of grants will fulfill three important types of projects taking place in southeastern Pennsylvania—job creation and redevelopment, roadway improvements, and storm water runoff.  These projects are critical as they help change our landscape for the better and improve quality of life.  I will continue to work to bring additional funding to Montgomery and Bucks Counties for many similar projects.”