PENNSYLVANIA EXPANDS PHARE FUNDING TO $40 MILLION

Today the Governor signed legislation passed by the General Assembly that will raise the cap on funding for PHARE, the state’s housing trust fund, from $25 million to $40 million. The new funding will help to create more affordable housing, provide services that helps keep Pennsylvanians in their homes, helps low-income people become first time homeowners, and provides funding to communities to address blight.