Rep. Jeanne McNeill June 10, 2021 | 4:37 PM
State Rep. Jeanne McNeill, D-Lehigh, today announced $971,628 in funding from the Pennsylvania Housing Affordability and Rehabilitation Enhancement fund has been awarded to community and government housing initiatives in the 133rd District.
“I’m pleased to announce that out of the $44.9 million allocated in total during this new round of funding, the inclusion of such thoughtful investment from the PHARE program here in our community,” said McNeill. “These financial resources enable local leaders to continue advancing these vital initiatives so they may continue fostering effective outcomes, directly benefiting our communities and those most in need of affordable housing.”
The projects receiving funding are:
According to McNeill, the PHARE fund is managed by the Pennsylvania Housing Finance Agency, with its funding provided from several sources. The primary funding source coming from impact fees collected from natural gas companies operating in the state with the goal of addressing the housing shortage caused by the impact of drilling. The fund is supplemented with funding provided by a portion of the realty transfer tax.
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