PA Housing Finance Agency OKs First Marcellus-Funded Housing Grants

The Board of Directors of the Pennsylvania Housing Finance Agency Friday approved the recipients of funding for projects to improve the availability and affordability of housing in the Marcellus Shale region of the state.

The funding for 34 housing programs and projects is being made available through the Pennsylvania Housing Affordability and Rehabilitation Enhancement Fund and Marcellus Shale impact fees. A total of $8.45 million is being distributed in 22 Pennsylvania counties.

“We are impressed this year with the diversity of quality housing programs receiving funding, reflecting the implementation of local solutions to housing challenges,” said PHFA Executive Director and CEO Brian A. Hudson Sr. “We’re also pleased to see counties taking a more comprehensive approach to addressing their housing needs, which is the approach we want to encourage.”

“We expect this program funding to have a significant, positive impact helping counties address housing shortages resulting from the development of gas drilling in the Marcellus Shale region.”

A list of recipients for Marcellus-funded housing grants is available online.


9/16/2013

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