The Pennsylvania Housing Finance Agency (PHFA) announced $35 million in funding is available through its new HOME-ARP program to create and preserve rental housing for at-risk or homeless Pennsylvanians.
This HOME-ARP program offers 0% interest, deferred-payment loans that can be used to support the development, rehabilitation and preservation of rental housing for applicable qualifying populations and low-income households.
Eligible applicants include housing developers, municipalities, and nonprofit organizations committed to expanding affordable housing.
All applications must be received no later than 2 p.m., April 1.
For more information about the HOME-ARP program, including eligibility requirements and application details, visit this link.