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Water used for fracking on the rise but remains a small slice of MAWC sales

Water used for fracking on the rise but remains a small slice of MAWC sales
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Jeannette, New Kensington among towns that could benefit from new $20M investment fund

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A new partnership between the Richard K. Mellon Foundation and Arctaris Impact Investors, a Boston-based impact investment group, is launching a $20 million investment fund to underwrite economic development projects in distressed communities in Allegheny and Westmoreland counties.
The fund, unveiled Wednesday, will target projects that support economic development, workforce training, infrastructure and sustainable job creation in qualified Opportunity Zones in the counties.
Opportunity Zones are designated areas of distressed communities that carry special tax incentives for investment and development. ....

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