The College Township Industrial Development Authority (CTIDA) was established in 1972 to address issues related to unemployment, blight, and environmental pollution in State College, PA. The CTIDA supports the growth of businesses by providing financial backing for the construction, improvement, and rehabilitation of manufacturing, research, and development enterprises.
With a board of nine directors appointed for staggered five-year terms, the CTIDA operates independently of the College Township Council. It offers various financial assistance programs, including loans, lines of credit, grant acquisition assistance, and business incentives, to promote economic development in College Township and the wider Centre Region and Centre County.
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