The Pennsylvania Housing Finance Agency has announced funding for the construction or rehabilitation of 1,916 rental units, with 1,801 units designated as affordable for households earning at or below 60% of the area median income. This funding, sourced from over $57.5 million in federal Low-Income Housing Tax Credits, $16.8 million in PennHOMES funding, $17.5 million in National Housing Trust Funds or PHARE funds, and $22.6 million in state housing tax credits, also includes a new $1.8 million Health for Housing Investment initiative that partners with healthcare organizations to improve health outcomes for residents in affordable housing.

 

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