Reading, PA: Governor Shapiro’s Administration has announced that the City of Reading is one of two Pennsylvania cities to earn the transformative City Revitalization and Improvement Zone (CRIZ) designation. This milestone positions Reading to advance its economic development goals by revitalizing downtown spaces, attracting new businesses, and creating jobs for local residents. The CRIZ program enables designated areas to reinvest state and local taxes collected within the zone into economic development projects, paving the way for a stronger and more vibrant community.
Mayor Eddie Moran celebrated the announcement, “Securing the CRIZ designation for Reading is a transformative step for our city. This achievement reflects our shared commitment to revitalizing our downtown, attracting new investment, and creating opportunities for all residents. It has always been my mission to position Reading for success and help it achieve its full potential as the city we know it can be. The CRIZ designation will provide us with the tools to unlock our potential, strengthen our community, and build a brighter future for generations to come. Together, we’re proving that Reading is ready for our next chapter.”
State Senator Judy Schwank also emphasized the importance of the CRIZ designation: “The City of Reading is gaining a powerful new tool we can use to foster economic growth and breathe new life into our community. It took a lot of hard work to reach this point, and I am grateful to all the folks at the City of Reading who spent many painstaking hours preparing a detailed vision for how a CRIZ will be put to good use in our community. We are celebrating today, but there is still much work ahead for our CRIZ Authority in making sure we are using this tool to the best of our ability and moving the City of Reading towards a brighter future.”
State Rep Manny Guzman said: “We are going to welcome 2025 with renewed hopes in our beloved city. This CRIZ designation is the tool we needed to kickstart a revitalization, a comprehensive approach to community development. It would allow Reading to level-up its game to meet the expectations and needs of our city’s young professionals, among other benefits. Let’s seize the opportunity.”
As Reading embarks on this new chapter, local leaders remain focused on leveraging the CRIZ program to deliver meaningful, long-term benefits for residents. The city’s CRIZ Authority will work diligently to ensure the program is implemented effectively, ensuring that every investment contributes to the revitalization and prosperity of the community
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Source: bctv