The Pennsylvania Housing Finance Agency is accepting bids to purchase $10 million in affordable housing tax credits. Proceeds from the winning bids will support the construction or rehabilitation of affordable rental communities across Pennsylvania. All bids must be submitted by 2 p.m., Friday, July 21.
PHFA staff anticipate the proceeds from these credits will result in the creation or renovation of 10 affordable multifamily developments and 400 total affordable rental units.
More information about the Affordable Housing Tax Credit and the current bidding process is available at this link (scroll down to the Affordable Housing Tax Credit header). Interested bidders can send questions to PHFA staff directly by emailing [email protected].
