The Pennsylvania Housing Finance Agency has posted on its website a revised and streamlined Placed-in-Service package that will be of interest to developers who work on multifamily developments funded by PHFA. The revised version will expedite both the preparation process and the review process. 
 
The Placed-in-Service Package is a submission of all costs associated with the project and certified by an accountant. It is submitted once a LIHTC development is complete. PHFA reviews all the costs and sources in the Placed-in-Service Package before issuing an IRS Tax Form 8609, which is the document that finalizes the LIHTC amount for each development. The investor then uses that form to claim the tax credit. 
 
Developers are advised to go to the agency’s website and look for the link labeled “Placed-in-Service Package (updated 4/2025)” under the section “Tax Credit Submission Requirements and Information.” They are asked to begin using this Placed-in-Service Package immediately. 
 
For those developers that already have Placed-in-Service Packages in process using the former package but have not yet submitted it to PHFA, the agency will accept the prior version through June 30.  After that date, any packages received by PHFA must be in the new package format. 
 
Questions about the new Placed-in-Service Package may be directed to the Manager of the Tax Credit Program, Chrissi Gerbig, at (717) 780-3824.