The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:
"Administrative entity."Any of the following:
(1)An entity certified by the Pennsylvania Industrial Development Authority under 64 Pa.C.S. § 1123 (relating to certification of economic development organizations).
(2)A public instrumentality of the Commonwealth and a body politic and corporate created under the act of August 23, 1967 (P.L.251, No.102), known as the Economic Development Financing Law.
(3)An authority organized and existing under the former act of May 2, 1945 (P.L.382, No.164), known as the Municipality Authorities Act of 1945, or an authority established under 53 Pa.C.S. Ch. 56 (relating to municipal authoritie
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The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:
"Administrative entity."Any of the following:
(1) An entity certified by the Pennsylvania Industrial Development Authority under 64 Pa.C.S. § 1123 (relating to certification of economic development organizations).
(2) A public instrumentality of the Commonwealth and a body politic and corporate created under the act of August 23, 1967 (P.L.251, No.102), known as the Economic Development Financing Law.
(3) An authority organized and existing under the former act of May 2, 1945 (P.L.382, No.164), known as the Municipality Authorities Act of 1945, or an authority established under 53 Pa.C.S. Ch. 56 (relating to municipal authorities).
(4) A redevelopment authority established under the act of May 24, 1945 (P.L.991, No.385), known as the Urban Redevelopment Law.
(5) A community development financial institution certified in accordance with the Community Development Banking and Financial Institutions Act of 1994 (Public Law 103-325, 108 Stat. 2163).
"Department."The Department of Community and Economic Development of the Commonwealth.
"Disadvantaged business."As defined in 74 Pa.C.S. § 303(b) (relating to diverse business participation).
"Diverse group."A disadvantaged business, minority-owned business, women-owned business, service-disabled veteran-owned small business or veteran-owned small business that has been certified by a third-party certifying organization.
"Low income."A household with total income at or below 80% of the area median income, adjusted for household size, as defined annually by the United States Department of Housing and Urban Development.
"Microenterprise."A start-up entrepreneur that, together with its affiliates, has 25 or fewer employees and average gross receipts of $3,000,000 or less averaged over the previous three years.
"Minority-owned business."As defined in 74 Pa.C.S. § 303(b).
"Municipality."A county, city, borough, incorporated town, township or home rule municipality.
"Program."A microenterprise assistance program authorized by this chapter.
"Real property."Land and all structures and fixtures thereon and all estates and interests in land, including easements, covenants and leaseholders.
"School district."As to any real property acquired, owned or conveyed by an administrative entity, the school district within which the geographical jurisdiction of the real property is located.
"Service-disabled veteran-owned small business."As defined in 51 Pa.C.S. § 9601 (relating to definitions).
"Start-up entrepreneur."An individual who is a resident of this Commonwealth, a partnership or worker cooperative corporation formed or incorporated within this Commonwealth and the owners of which partnership or worker cooperative corporation are residents of this Commonwealth or a single-member limited liability company incorporated in this Commonwealth, the owner of which is a resident of this Commonwealth. The term does not include:
(1) A worker cooperative corporation incorporated within this Commonwealth, the owners of which do not have a controlling ownership interest in the worker cooperative corporation.
(2) A single-member limited liability company incorporated within this Commonwealth, the single-member of which is another limited liability company or other business entity.
"Third-party certifying organization."As defined in 74 Pa.C.S. § 303(b).
"Veteran-owned small business."As defined in 51 Pa.C.S. § 9601.
"Women-owned business."As defined in 74 Pa.C.S. § 303(b).