FOR IMMEDIATE RELEASE
Victoria Bourret, Communications and Project Manager
Housing Alliance of Pennsylvania
Date: April 13, 2017
Harrisburg, PA- Today $12 million was awarded to 68 programs and projects across 38 counties in Pennsylvania to expand the availability of homes within reach of low wage workers and people on fixed incomes. The funding comes from the new Realty Transfer Tax revenue to the state housing trust fund known as PHARE – the PA Housing Affordability and Rehabilitation Enhancement Fund.
PHARE provides resources to build or rehabilitate affordable homes, help homeowners and small landlords repair their properties, provide rental assistance, address homelessness, and help communities address blighted and vacant properties.
The Housing Alliance of Pennsylvania and its partners across the commonwealth worked tirelessly for ten years to get to this point, first to establish PHARE (Act 105 of 2010), then to make sure it was funded. The initial funding for PHARE came from the Marcellus Shale Impact Fees (Act 13 of 2012). To date, that investment has totaled $39.6.
In November 2015, after a combined vote of 142-1 in the General Assembly, Gov. Wolf signed Act 58 to direct funds from the growth in revenue from the Realty Transfer Tax (RTT) to PHARE. The RTT money is available to all 67 counties.
The Housing Alliance recognizes and appreciates the outstanding work the PA Housing Finance Agency has done in administering PHARE and working with local communities to see that the money is used well. Information about PHARE and the projects funded can be found at http://www.phfa.org/legislation/act105.aspx
About the Housing Alliance:
The Housing Alliance of Pennsylvania is a non-partisan, statewide public interest advocate working to help increase the supply of safe, affordable and accessible homes available to all Keystone State residents – especially those with low incomes, including veterans, the elderly and people with disabilities. By serving as a central information hub for housing advocates, providers and the media and seeking ways to collaborate with local, state and federal policy makers, the Housing Alliance helps Pennsylvania’s most vulnerable residents find stable, secure homes and use it as the foundation of prosperity.
For more information on the Housing Alliance of Pennsylvania, call 215-576-7044 or visit www.housingalliancepa.org