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Dinniman Announces Funding Approved by the Pennsylvania Housing Finance Agency (PHFA)
WEST CHESTER (July 12, 2019) – State Senator Andy Dinniman announced today that nine Chester County organizations will receive more than $4.3 million in state funding to invest in affordable housing projects.
The Pennsylvania Housing Finance Agency (PHFA) Board has approved Low Income Housing Tax Credits (LIHTC) and Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) funding for the following:
- $2,111,729 for Melton Center Apartments to construct two four-story townhomes and mid-rise buildings consisting of 31 one, two, three, and four-bedroom units for general occupancy.
- $55,000 for PA Home of the Sparrow to provide assistance to homeless and near homeless households in the form of rental and mortgage payments, security deposits, utility arrearages, emergency shelter and case management.
- $100,000 for Housing Authority of Chester County to install new windows at the public housing development, Locust Court.
- $150,000 for Safe Harbor of Chester County, Inc. to provide case management services to help homeless residents move toward self-sustainability and permanent housing placement.
- $1,125,000 for Pennrose, LLC to provide numerous capital improvements to Liberty House.
- $100,000 for Housing Authority of Chester County to assist Chester County residents in finding and maintaining permanent, affordable housing.
- $75,000 for Friends Association for Care & Protection of Children to provide immediate critical support to help families regain stability and long-term (12-18 months) services through their Homeless Prevention Program.
- $50,000 for Gaudenzia Foundation, Inc. to assist chronically homeless persons in recovery from substance abuse.
- $350,000 for Chester County Department of Community Development to provide services through their Decade to Doorways program that addresses homelessness in the county.
- $200,000 for Charles A. Melton Arts & Education Center to provide free culinary instruction, certification, and job placement counseling for workforce development.
PHARE is funded from three sources: Marcellus Shale Impact Fees, Realty Transfer Taxes, and the National Housing Trust Fund.
“These funds will greatly help these organizations as they work to provide affordable, accessible housing options and assistance to some of our residents who need them the most here in Chester County,” Dinniman said.
For more information, contact Adam Cirucci in Senator Dinniman’s office, firstname.lastname@example.org.