Pa., LV get fewer economic development dollars from Corbett

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Published: Feb 13 2013 07:00:00 PM EST   Updated On: Feb 14 2013 07:16:01 PM EST

Belt-tightening by Governor Corbett means there's a lot less cash coming out of Harrisburg for economic development.

The Corbett Administration has released the details on its economic growth initiative grants for 2012.

Officials are handing out $125 million for 54 projects including $11 million for four Lehigh Valley projects.

In 2011 state funding totaled $4 billion with more than $72 million going to the Lehigh Valley.

Corbett says the program had become unsustainable and took steps to reform the grant application and selection process.