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Dinniman Announces More than $760K in State Funding for Affordable Housing in Chester County
WEST CHESTER – April 16, 2018 – State Senator Andy Dinniman announced today that three Chester County organizations were awarded $766,000 in total state funding to combat homelessness and improve and expand affordable housing options for those in need.
“These funds will go a long way in supporting important programs that provide affordable and accessible housing options here in Chester County to some of our residents who need them the most,” Dinniman said.
The funding comes through the Pennsylvania Housing Affordability and Rehabilitation Enhancement Program’s Real Estate Transfer Tax Fund (PHARE/RTT), administered by the Pennsylvania Housing Finance Agency.
The awards are as follows:
- $500,000 to Chester County Department of Community Development for the Decades to Doorways Program. The Decade to Doorways System Improvement provides diversion and outreach training to bring awareness around homelessness issues and services available. Funds will be used to fund additional case workers to provide financial assistance and supportive services as individuals exit the shelter system and enter into a permanent housing solution.
- $190,000 to Home of the Sparrow, a nonprofit organization that partners with women facing homelessness to secure housing and achieve long-term sustainability. The funds will be used to provide sustainable housing solutions and homelessness prevention resources, supported by comprehensive trauma-informed case management, to vulnerable populations in our community. Programming will include services to justice-involved women re-entering society, their children, and women ages 55 and older.
- $76,000 to the Housing Authority of Chester County for the Housing Locator Program. Funds will be used in Chester County to divert homeless individuals living on the streets or in emergency shelters into a permanent affordable housing solution. Households will be assisted with a caseworker who will help locate available units along with temporary rental assistance.
Act 58 of 2015 recently expanded the PHARE program – also known as the State Housing Trust Funding – to include revenues from the real estate transfer tax (RTT). The additional RTT funds allowed PHFA to expand PHARE to all 67 counties in the Commonwealth.
Under Act 58 (PHARE/RTT), PHFA receives an allocation of funds equal to the lesser of 40 percent of the difference between the total dollar amount of the Realty Transfer Tax imposed under section 1102-C of the Tax Reform Code of 1971 collected for the prior fiscal year and the total amount of RTT estimated for the fiscal year beginning July 1, 2014. The PHARE/RTT fund is capped at $25 million annually.