IT’S SPENT APPROPRIATELY. STATE LAWMAKERS ANNOUNCED A $350,000 HERE AT THE MARKET FRIDAY MORNING. VENDORS TELL ME THEY’RE HOPEFUL THIS MEANS THERE WILL BE LESS AUSTERITY BUDGETING FOR THE NONPROFIT PETITO STEP HAS BEEN SELLING FRESH SEAFOOD AT THE BROAD STREET MARKET FOR 28 YEARS. HE SAYS. LAST YEAR’S FIRE AT THE BRICK BUILDING AND THE STRUGGLE TO GET A TENT CONSTRUCTED FOR DISPLACED VENDORS HAVE MADE THE LAST 12 MONTHS VERY DIFFICULT. HOPEFULLY THIS MONEY WILL CARRY US THIS HOLD US OVER IN HARD TIMES. WE CAN. IT CAN HELP OUT. THE MARKET TOOK A MASSIVE REVENUE HIT AFTER MORE THAN A DOZEN VENDORS WERE WITHOUT A HOME. AFTER THE BRICK BUILDING FIRE. AND I KNOW THAT MANY OF THESE BUSINESS OWNERS HAVE HAD TO DEAL WITH EXTREMELY PAINFUL CHALLENGES. SOME HAD TO PIVOT AND GO INTO A WHOLE DIFFERENT DIRECTION. I ASKED MARKET LEADERSHIP HOW THE ORGANIZATION WILL MAKE SURE THAT FUNDS ARE BEING SPENT WISELY, ESPECIALLY IN LIGHT OF CHARGES BEING FILED AGAINST THE FORMER EXECUTIVE DIRECTOR FOR ALLEGED MISAPPROPRIATION OF THOUSANDS OF DOLLARS OF FUNDS. MARKET ALLIANCE BOARD CHAIRMAN ERIC HAGGERTY SAYS MORE CHECKS AND BALANCES HAVE BEEN PLACED ON MARKET EXPENSES, AND BANK TRANSACTIONS ARE BEING PUBLISHED ONLINE. OF COURSE, WE’RE SHOCKED AND, YOU KNOW, DISMAYED WHEN WE LEARNED ABOUT THE INAPPROPRIATE EXPENSES AND ARE DOING EVERYTHING WE CAN AGAIN TO MAKE SURE IT NEVER HAPPENS AGAIN. HAGGERTY SAID THE STATE ALSO HAS REQUIREMENTS ON AUDITING IN ORDER TO MAKE SURE THAT THE GRANT MONEY IS BEING SPENT APPROPRIATEL
Harrisburg’s Broad Street Market awarded $350,000 grant from state
Updated: 6:20 PM EDT Aug 23, 2024
Harrisburg’s Broad Street Market is getting a big financial boost from the Commonwealth.State lawmakers and leaders with the Broad Street Market Alliance on Friday announced a $350,000 grant had been awarded to help with operational costs, roof repairs, and HVAC improvements at the historic market house’s Stone Building.The funding will be a source of major financial support for the nonprofit that operates the market, which saw a huge hit to its revenue after a fire last year gutted the Brick Building at the Midtown landmark and displaced more than a dozen vendors.”Things have still been really challenging and difficult this past year, so this news is a game-changer for the market,” BSMA board chairman Eric Hagarty said during a news conference on Friday.The market recently opened a new tent-like structure for vendors this year, helping to strengthen its financial standing and connect vendors with customers while the Brick Building is restored.Market leadership also pledged there would be adequate financial controls in place to ensure the money will be spent appropriately.Hagarty said such changes would help address issues identified earlier this year when the market’s board identified alleged misappropriation of thousands of dollars of funds. The market’s former executive director is facing criminal charges related to an investigation into the Broad Street Market’s finances.
HARRISBURG, Pa. —
Harrisburg’s Broad Street Market is getting a big financial boost from the Commonwealth.
State lawmakers and leaders with the Broad Street Market Alliance on Friday announced a $350,000 grant had been awarded to help with operational costs, roof repairs, and HVAC improvements at the historic market house’s Stone Building.
The funding will be a source of major financial support for the nonprofit that operates the market, which saw a huge hit to its revenue after a fire last year gutted the Brick Building at the Midtown landmark and displaced more than a dozen vendors.
“Things have still been really challenging and difficult this past year, so this news is a game-changer for the market,” BSMA board chairman Eric Hagarty said during a news conference on Friday.
The market recently opened a new tent-like structure for vendors this year, helping to strengthen its financial standing and connect vendors with customers while the Brick Building is restored.
Market leadership also pledged there would be adequate financial controls in place to ensure the money will be spent appropriately.
Hagarty said such changes would help address issues identified earlier this year when the market’s board identified alleged misappropriation of thousands of dollars of funds. The market’s former executive director is facing criminal charges related to an investigation into the Broad Street Market’s finances.
Read More: Broad Street Market in Harrisburg awarded $350K grant from state