YMCA Approved for $20 Million Dollar Tax-Free Financing by Bucks County Commissioners and Bucks County IDA

The Bucks County Commissioners, Bucks County Industrial Development Authority, and the YMCA of Bucks County announced Wednesday the approval of a $20 million, tax-free financing project. The approval was in support of the refinancing of long-term debt and planned improvements to YMCA facilities in Fairless Hills (formerly Lower Bucks Family YMCA) and Doylestown (formerly Central Bucks Family YMCA).

A portion of the $20 million may be utilized to provide interim funding during construction to expand and refurbish the YMCA's Fairless Hills and Doylestown branches. In Fairless Hills, space will be reconfigured within the building's current footprint to allow for an expanded fitness center, new universal locker room, additional program space, community gathering area, and more parking, plus giving the building a new, modern look. In Doylestown, the fitness center will be expanded and a larger spin studio and new program space will be added, as will a new universal locker room.

Read more about it:

County of Bucks Website

Levittown Now

Bucks County Courier Times

6 ABC Action News

WBCB News 1490 AM

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