Chester County News and Community Website
HARRISBURG, PA — The Pennsylvania Industrial Development Authority (PIDA) is injecting new life into the economies of Berks and Chester counties. On Friday, Department of Community and Economic Development Secretary …
Pennsylvania Boosts Local Economy with Approval of Two Low-Interest Loans to Support Business Expansion in Berks and Chester Counties Read More
The dream of owning a home in America has become significantly more expensive. Since 2020, income levels needed to comfortably afford a home have surged by 80%, outpacing the median …
Soaring Home Prices Outpace Income Growth, Redefining Affordability Read More
EXTON, PA — The Chester County Economic Development Council (CCEDC) is urging businesses of all sizes to take advantage of a fixed interest rate of 5.5% through the Pennsylvania Catalyst Loan …
Chester County Economic Development Council Reports $1.4 Million Remains Available to Businesses of All Sizes Through PA Catalyst Loan Fund Read More
The pandemic has brought about significant shifts in the American housing landscape, with a new Zillow® report revealing a narrowed gap between Black and white renting families who could comfortably …
Pandemic Narrows Racial Gap in Homeownership Readiness, Yet Significant Disparities Persist Read More
HARRISBURG, PA — Agriculture Secretary Russell Redding announced this week that the Pennsylvania Agricultural Business Development Center is now accepting applications for its Farm Vitality Planning Grants. With a fund …
Pennsylvania Farm Vitality Planning Grants: A Golden Opportunity for Farmers to Thrive Read More
WASHINGTON, D.C. — The Federal Financial Institutions Examination Council (FFIEC) has issued a statement of principles aimed at addressing potential discrimination and bias in residential property valuation practices. This move …
FFIEC Issues Principles to Address Valuation Discrimination and Bias in Residential Lending Read More
PENNSYLVANIA — As we navigate the weighty labyrinth of financial transactions, a trend takes hold of Pennsylvania like an ominous shadow. A recent study finds an alarming ratio of 1-in-10 …
Caught in the Jaws of Loans: Pennsylvania’s Disquieting Tryst with Informal Lending Agreements Read More
Borrowing money is often a necessary but fraught endeavor. It can be the much-needed financial lifeline or the quicksand dragging you further into a pit of debt. In rare and …
Dealing with Unreasonable Loan Conditions: A Borrower’s Guide Read More
As you know, interest rates have risen considerably over the past couple of years. But what does this mean to you, as a consumer and as an investor?
How Will Higher Rates Affect You? Read More
EXTON, PA — The Chester County Economic Development Council’s Annual Economic Outlook is the longest-running event of its kind in the region, and yesterday it celebrated 20 years with an …
Chester County Economic Development Council Celebrates 20th Annual Economic Outlook with Expert Insight on Interest Rates, Inflation and Personal Investment in 2024 Read More