Pennsylvania
Pennsylvania Housing Finance Agency Now Accepting Bids for $10 Million in Affordable Housing Tax Credits
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 […]
Pennsylvania Housing Finance Agency Launches New Program to Expand Rental Housing for Homeless and At-Risk Pennsylvanians
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. […]
PHFA announces $66.5 million in low-income housing tax credits for affordable multifamily developments in Pennsylvania
The Pennsylvania Housing Finance Agency awarded $66.5 million in low-income housing tax credits to support the construction of 1,900 new and rehabilitated affordable multifamily housing units statewide. When completed, 41 new developments will provide an additional 1,946 rental housing units, including 1,900 affordable units for Pennsylvania residents.
Pennsylvania Housing Finance Agency Issues PHARE RFP to Support Local Housing Initiatives
The PHFA is issuing a Request for Proposals soliciting applications from organizations for projects to improve the availability and affordability of housing across the commonwealth. Funding for this RFP is being provided through the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) Fund. The total PHARE funding available this year exceeds $85 million. To date, $435 […]
Pennsylvania Housing Finance Agency Accepting Bids for Mixed-Use Development Tax Credits
The Pennsylvania Housing Finance Agency announced that it is accepting bids for the purchase of $4.5 million in mixed-use development tax credits.
Pennsylvania Housing Finance Agency Posts New Placed-in-Service Package
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.
Pennsylvania Housing Finance Agency Announces Tax Credits and Other Funding for the Construction of Affordable Rental Housing Across PA
The Pennsylvania Housing Finance Agency (PHFA) has released its draft 2025/2026 QAP for LIHTC, which is available at Draft 2025-2026 Qualified Allocation Plan for Low Income Housing Tax Credits (Board Approved) (phfa.org).
PFHA Accepting Bids for $4.5M of Mixed-Use Development Tax Credits
The Pennsylvania Housing Finance Agency announced that it is accepting bids for the purchase of $4.5 million in mixed-use development tax credits.
Pennsylvania Announces Reminder to Submit 9 Percent Applications
The Pennsylvania Housing Finance Agency (PHFA) announced a reminder to submit the full nine percent application by Jan. 11, 2024 at 5:00 p.m. ET in both hard copy and electronic format.
Pennsylvania Extends Nine Percent LIHTC Final Application Due Date to Jan. 11, 2024
The Pennsylvania Housing Finance Agency announced that it extended the final due date for the nine percent LIHTC application from Friday, Dec. 15, 2023 to Thursday, Jan. 11, 2024.
Pennsylvania Announces Posting of Application Materials
The Pennsylvania Housing Finance Agency (PHFA) announced that all application materials for the 2024 LIHTC cycle are posted on the Agency’s website. PHFA plans to hold a pre-application meeting on October 4 at 9:00 a.m. ET via Microsoft Teams.
Pennsylvania Posts Draft 2024 QAP
The Pennsylvania Housing Finance Agency (PHFA) posted the draft 2024 QAP on their website.