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19Sep

State Housing Tax Credit (SB 1185) Introduced

Share List Sen. Tom Killon (R-9) introduced new legislation, SB 1185, to create a Pennsylvania state housing tax credit. The state housing tax credit will be modeled after the highly successful federal Low Income Housing Tax Credit (LIHTC.) LIHTC is the major vehicle for the creation and preservation of affordable housing in this country, yet…

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16Aug

State Government Committee Will Hold Meeting in Lancaster City to Talk Blight

Share List By: Sam Janesch, Lancaster Online Published: August 12th, 2017 State Sen. Scott Martin will host a public meeting with his state legislative colleagues next week in Lancaster to discuss blight and abandonment. The issue of abandoned and deteriorating buildings is not only a problem in cities, “but one that affects the boroughs and…

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26Jul

Capitolwire Reports on the Status of Finalizing the State Budget… Still A Work in Progress

Share List By: Capitolwire Published: July 26, 2017 The state Senate returns for some potential budget work today and Thursday. The Senate is scheduled to gavel in today at 3 p.m., and at 11 a.m. on Thursday. One would expect senators will spend some time later today discussing, behind closed doors, their options following Saturday’s…

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23Jan

Housing Counseling

Share List Author: The Housing Alliance January 23rd, 2017 According to HUD, one-on-one pre-purchase counseling with an approved housing counselor has been proven to lead to better credit scores, less overall debt and payment delinquency. Housing Counseling agencies are trained and approved by HUD to provide tools to current and prospective homeowners, renters so that…

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06Dec

Pennsylvania’s Commonwealth Cornerstone Group Receives $80 Million of New Markets Tax Credits

Share List By: PRESS RELEASE (HTTPS://WWW.GOVERNOR.PA.GOV/TOPIC/PRESS-RELEASE/) Date: November 18, 2016 Governor Tom Wolf proudly announces that the Commonwealth Cornerstone Group (CCG), a non-profit community development group created by the Pennsylvania Housing Finance Agency, has secured $80 million in New Markets Tax Credit (NMTC) allocations. Click here to read full article.

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15Jul

Governor Wolf announces tax credits and PennHOMES funding for affordable multifamily developments in Pennsylvania

Share List Press Release, PA.Gov Published: July 14, 2016 Harrisburg, PA – Governor Tom Wolf today announced awards of $40.3 million in tax credits and $5.9 million in PennHOMES funding for the construction of 39 affordable multifamily housing developments located throughout Pennsylvania. The tax credits are administered by the Pennsylvania Housing Finance Agency and were…

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Why Allegheny County is the only place in Pennsylvania getting latest round of lead paint removal funding

Share List By: Marielle Segarra Published: June 16, 2016 The U.S. Department of Housing and Urban Development is giving local and state governments $46.5 million in grants to get lead out of people's homes. The funding comes through the Lead Hazard Reduction Demonstration grant program.  In Pennsylvania, Allegheny County is getting a slice of that funding:…

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15Jun

Homestead gets 51 new and renovated rental units

Share List By: Janice Crompton Published: June 10, 2016 It’s been five years in the making, and despite the Great Recession and two damaging fires, the borough of Homestead finally has a new affordable housing community. Called ONE Homestead, the just-completed and lease-ready $15 million development is a cooperative community revitalization effort between the private…

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