Pennsylvania Governor Corbett Announces $9.3 million Awarded to Local Organizations in 29 Counties to Improve Housing

HARRISBURG, Pa., Oct. 9, 2014 /PRNewswire-USNewswire/ -- Governor Tom Corbett today announced that the Pennsylvania Housing Finance Authority (PHFA) approved $9.3 million for 45 housing programs and projects improve the availability and affordability of housing in 29 counties.

"By partnering with local groups, we are implementing local solutions to address housing challenges," said Governor Corbett. "This is part of a comprehensive approach critical to addressing local housing needs."

These projects are supported by the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) Fund, which is administered by the PFHA and funded by Act 13's impact fee on natural gas producers. Award recipients were chosen at PHFA's Board of Directors meeting earlier today.

"We expect these projects to have a significant, positive impact helping counties address housing and community needs resulting from the development of gas drilling in the Marcellus Shale region," said Brian A. Hudson Sr., PHFA executive director and CEO.

Source: www.sys-con.com / PR Newswire