Pennsylvania Grant & Resource Directory - Pennsylvania House ...

PENNSYLVANIA BOARDS & COMMISSIONS
PENNSYLVANIA HOUSING FINANCE AGENCY
www.phfa.org
GRANT/PROGRAM
Keystone Home Loan Program – Provides 30-year, fixedrate
home mortgage loans with lower-than-market interest
rates to qualifying home buyers and closing cost assistance up
to $1,500. First- time-homebuyer requirement exists in some
counties. Income and purchase price limits apply.
PENNVEST – Individual On-Lot Sewage System Loans
– Program provides up to $25,000 for 20-year, very low
interest rate loans to homeowners for the repair or upgrade
of malfunctioning on-lot sewage systems in rural areas. These
loans are insured under the FHA Title I Home Improvement
Loan Program. Family income may not exceed 150 percent of
the statewide median household income, adjusted annually for
inflation.
Purchase & Improvement Program – Program allows
borrowers to make up to $15,000 in home improvements in
conjunction with the purchase of a home with an agency
conventional first mortgage loan. This can include repairs,
alterations or modifications to improve the basic livability,
accessibility, energy efficiency or safety of the property.
CONTACT INFO/DEADLINE
Contact – PHFA’s Homeownership Programs
Division at 1-800-822-1174 or www.phfa.org
Contact – PHFA’s Homeownership Programs
Division at 1-800-822-1174 or www.phfa.org
Contact – PHFA’s Homeownership Programs
Division at 1-800-822-1174 or www.phfa.org
Renovate & Repair Program – Homeowners may borrow
up to $35,000 for as long as 20 years to make repairs and
improvements to their homes. Provides attractive financing as
well as assistance with construction guidance.
Contact – PHFA’s Homeownership Programs
Division at 1-800-822-1174 or www.phfa.org
Homeowners Energy Efficiency Loan Program –
Homeowners may borrow up to $10,000 at 1 percent interest for
up to 10 years to make specific energy efficiency improvements
to their home.
Contact – PHFA’s Homeownership Programs
Division at 1-800-822-1174 or www.phfa.org
MULTIFamily rental housing Programs
Low Income Housing Tax Credit Program – Program
provides owners of and investors in affordable rental housing
developments with tax credits that offer a dollar-for-dollar
reduction in their tax liability (the credit may be taken for up to
ten years). Provides federal tax incentives for the development
and preservation of affordable multifamily housing for families
of lower income, senior citizens, handicapped individuals and
homeless persons.
Contact – PHFA’s Development Division
at (717) 780-3876 or Tax Credit Program
Department at (717) 780-3948
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PA Grant & Resource Directory