Pennsylvania Redevelopment Assistance Capital Program grant funds Reading-based initiative
Alvernia receives a $4 million grant from the Pennsylvania Redevelopment Assistance Capital Program to renovate its newly secured downtown Reading location at 401 Penn Street, which is the centerpiece of the
Reading CollegeTowne initiative, the innovative strategy of expanding the campus into the downtown area to continue its Franciscan mission of serving the underserved through education and economic development. The grant award is the largest in the university’s 62-year history.
This support for Alvernia and the Reading CollegeTowne movement is truly unprecedented and was made possible by the continuing outpouring of support of so many, including Senator Schwank, Mayor Moran, Reading City Council and the Berks County Commissioner, our trustees and partners,” said Alvernia University President