Pennsylvania

In anticipation of issuing a draft 2019 Low Income Housing Tax Credit Allocation Plan in the next few months, the Pennsylvania Housing Finance Agency is seeking input from partners on the affordable housing priorities and needs throughout the Commonwealth. Specifically, we are asking partners to share thoughts on the Allocation Plan preferences and set-asides, threshold and […]

Andrew B. Cohen, Senior Vice President of The Woda Group, Inc., was recently elected to the Board of Directors for the Pennsylvania Developers’ Council. He will serve a two year term. Pennsylvania Developers’ Council, based in State College, PA, is an advocacy organization aimed at promoting adequate public and private resources for production, rehabilitation and […]

The schedule follows from issuance of a draft QAP through to the allocation of credits.

Give and get feedback on utility companies’ Act 129 energy efficiency programs for future program planning.

Since PHFA anticipates being significantly oversubscribed with the number of applications versus resources, those developments awarded 2016 tax credits will be required to meet a closing and commencement of construction date of March 31, 2017.

Through this system, the Agency will accept the Intent to Submit and supplemental information that must be submitted by Friday, January 8, 2016 at 5:00 p.m.

PHFA announced the 2016 PHFA Multifamily Program Application and Guidelines have been posted to its website. For 2016, all applicants must submit an Intent to Submit by January 8, 2016 with full applications due on March 4, 2016.

The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.

PHFA will host a Pre-Application Meeting for its 2016 PennHomes/Low Income Tax Credit Programs on Thursday, October 22. The purpose of this meeting is to provide updates to the 2016 Programs and review and discuss the 2016 Selection Criteria.

The Bank’s 2015 Affordable Housing Program (AHP) funding round opened June 8 with approximately $23 million in funding available. Applications are due August 11. Funding is available for projects in Delaware, Pennsylvania, and West Virginia.

Elevate Energy has joined forces with New Ecology to help affordable housing property owners and managers to reduce their property’s energy costs. They are offering free baselining services to multifamily affordable housing properties in Illinois, Missouri, Maryland, Rhode Island, and Pennsylvania, along with the Richmond, VA, Metro area.

The Pennsylvania Housing Finance Agency adopted its Allocation Plan for Year 2015 Low Income Housing Tax Credit Program. The Allocation Plan was approved by the Governor on October 7, 2014 and is available on the Agency’s website. The 2015 Allocation Plan established an application deadline of 3:00 p.m. on Friday, January 30, 2015.  As part […]