PHFA issues a RFP for APPH funding to help local housing initiatives
HARRISBURG, Pa., Sept. 14, 2021 /PRNewswire - The Pennsylvania Housing Finance Agency is suing a proposal for proposals asking for requests from organizations to improve the availability and affordability of housing across The Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund (PHARE) is providing funding for this RFP. The total PHARE funding available this year exceeds 45 million dollars.
PHARE receives its funding from the tax on natural gas drilling and a portion of the Realty Transfer Tax. There's funding for housing projects in the 67 counties of Pennsylvania. PHFA is a member of the philanthropic organization that administers the allocation of hexadecimal dollars.
"Over the past nine years, PHARE has become one of our most successful programs," said Robin Wiessmann, director and CEO of a phFA. "Organizations in all 67 counties have been excellent partners because of their use of PHARE dollars to effectively address local housing needs."
PHARE application forms can be complete online, eliminating paper submissions and simplifying the process for applicants. The RFP is located on PHFA's website at https://www.phfa.org/legislation/act105.aspx and the application is accessible on the phare webpage at http:// The applications are due to PHFA at least 2 p.m. on Friday, Nov. 19. Applications are from the earliest date of the deadline for a final letter on Thursday, Jan. 19 at 8:00.
PHFA is planning two informational webinars for organizations interested in applying for a phARE grant. The two webinars will cover the same information. Time and location of Webinar dates and times are:
- 21st Sept. at 10.
- Sept. 28 at 2 p.m.
Interested groups should watch the PHARE webpage, noted above, to register a webinar. Questions can also be directed to Bryce Maretzki at PHFA via email or at [email protected] or by telephone at 717.780.1867.
Since 2012, the PHARE fund has allocated money for local housing initiatives. Since 2011, the money raised has been allocated to local projects since 2012. These funds have resulted in significant benefits, including: a: "It was purely about money."
- More than 7 200 people and families received rental and utility assistance.
- More than 2,000 homes were rehabilitated and preserved for continued use. The homes have been cherished for over a decade and were restored for preserving and restoring.
- More than 2600 new rental units have been created.
- 180 new single-family homes have been built.
- 420 future homes have been ready through site acquisition and demolition. Using site demolition and site construction, a site reconstruction and construction of the site have completed 480 future home sites.
- Over 250 new residents have received help to purchase their first home.
- The funds used for PHARE funds were used to leverage an additional $800 million investment in housing across Pennsylvania.
About PHFA about a health related issue. The Pennsylvania Housing Finance Agency works to provide affordable housing and housing for older adults, low-income families, and people with special housing needs. PHFA promotes economic development across the country through its carefully managed mortgage programs and investments in multifamily housing developments. Since its founding in 1972, the legislature has created more than $15.4 billion of funds for more 183,500 single-family home mortgage loans, helped fund the construction of 138,000 rental units, distributed approximately $191 million to support local housing The PHFA programs and operations are funded primarily by the sale of securities and from public tax dollars, not by programs. The agency is run by a board of 14 members.
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SOURCE Pennsylvania Housing Finance Agency SURCE Housing finance agency SORCE PAYS Housing & Finance Corporation.