HARRISBURG – July 11, 2019 – More than $1.2 million in funding for a wide range of critical housing projects in Allegheny County was approved by the Pennsylvania Housing Finance Agency (PHFA), Sen. Jay Costa (D-Allegheny) said today.
“The dollars approved for these projects will serve as the foundation for improving our housing stock, creating greater accessibility to services and enhanced security for vulnerable populations,” Costa said. “These are incredibly important funding streams that will help change lives and generate opportunities.”
Costa said that the PHFA approved the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) funds and tax credits for the following:
- Emerald Hills Retirement Residence in Penn Hills will use tax credits of $1.2 million and $949,081 in PHARE Funds for construction of a building of 52 units for those 62 years of age of above;
- HEARTH, A Safe Place Matters, will receive $50,000 to provide safe affordable housing to vulnerable populations, focusing on women with children after surviving domestic abuse;
- Advantage Credit Counseling Services, Financial Empowerment for Veterans, are slated to use $15,000 in PHARE funds to provide financial counseling and coaching for 150 veterans;
- Allegheny County, Housing Counseling for Allegheny County Save Your Home Program, will use $100,000 to provide counseling to homeowners facing foreclosure. The Save Your Home Program is a joint effort between the Court of Common Pleas, sheriff’s office and the Allegheny County Department of Economic Development; and
- Oakland Community Land Trust will use the $100,000 in PHARE funding to provide affordable housing opportunities for low-to-moderate families. The trust rehabilitates blighted, abandoned and at-risk homes to make them move-in ready.