Pennsylvania

QAP Pennsylvania

Pennsylvania Posts 2022 Nine Percent Applicants, Cost Increase Protocols for 2021 Applicants

The Pennsylvania Housing Finance Agency published a list of 2022 nine percent applicants.

QAP Pennsylvania

Pennsylvania Hosts 2022 QAP Hearing – Aug. 2

The Pennsylvania Housing Finance Agency will hold a public hearing at 9:30 a.m. ET on August 2, regarding an administrative amendment to the 2022 QAP.

QAP Pennsylvania

Pennsylvania Applications Dues June 30Pennsylvania Applications Dues June 30

The final nine and four percent LIHTC applications are due on June 30, 2022 at 3 p.m. ET.   

Pennsylvania

Pennsylvania Updates 2022 LIHTC FAQs 

Pennsylvania Housing Finance Agency has uploaded a FAQ document in response to the Q&A session held on April 13.

QAP Pennsylvania

Pennsylvania Hosts 2022 LIHTC Q&A – April 13

The Pennsylvania Housing Finance Agency will hold a 2022 LIHTC Pre-application (Question/Answer) virtual session at 9 a.m. ET on April 13.

Pennsylvania

FHLBank Pittsburgh Announces Affordable Housing Resources Available in 2022

The Federal Home Loan Bank of Pittsburgh’s Affordable Housing Program (AHP) will open June 28, with approximately $7 million available.

QAP Pennsylvania

Pennsylvania QAP Hearing – Feb. 22

The Pennsylvania Housing Finance Agency will hold a virtual hearing on its draft 2022 QAP at 9 a.m. ET on February 22, register here. Comments should be sent to DevelopmentInfo@phfa.org by February 22.

Pennsylvania

Pennsylvania Budget Includes $50 Million for Construction Cost Relief Program, Increases to State Credits

The fiscal year 2021/2022 Pennsylvania state budget includes funding for the development of affordable rental housing in three main program areas: 

QAP Pennsylvania

PHFA Announces FY-2021-2022 State Budget Highlights

The Pennsylvania Housing Finance Agency (PHFA) has announced that the fiscal year 2021/2022 state budget will include funding for the development of affordable rental housing in three main program areas: 

Pennsylvania

Initiate FHLBank of Pittsburgh AHP Application by July 9

The Federal Home Loan Bank of Pittsburgh is encouraging applicants of its Affordable Housing Program (AHP) to initiate their application by July 9. Applicants will receive a link to the bank’s recorded AHP Tips Webinar. Applications are due by 5 p.m. ET on August 10. For more info, please see the Technical Guide for Sponsors or Technical Guide for Members. If you have questions about the AHP application process, please contact ahp@fhlb-pgh.com.

QAP Pennsylvania

Pennsylvania Extends Closing Deadline to Sept. 30

The Pennsylvania Housing Finance Agency is extending the closing deadline for Program Year 2020 developments due to the COVID-related construction pricing increases and delays from July 31 until September 30, 2021. This extension is available for all Program Year 2020 developments that applied in the 2020 application round and continue to hold a valid allocation of 2020 credits or conditional forward commitment of 2021 credits subject to 2020 Program Year deadlines.

QAP Pennsylvania

Pennsylvania Fills Construction Increase Gaps with NHTF

Beginning immediately, Pennsylvania Housing Finance Agency (PHFA) will accept a Notice of Intent to Submit an Application for the National Housing Trust Fund (NHTF) to support developments, which received an award of tax credits from the 2019 or 2020 funding round, and which have realized a financing gap due to an increase in construction costs. Applicants must demonstrate a need for NHTF funding. Priority will be given to applicants that obtain other additional funding to supplement the request for NHTF.

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