Pennsylvania greenlights funding of nearly $2 million for housing development in Lehigh Valley
The Pennsylvania Housing Finance Agency (PHFA) has recently announced the selection of 309 housing programs across the state to receive funding totaling over $61.5 million. This funding comes from the Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) program, which is supported by a combination of state and federal funds, as well as contributions from other external sources. Among the recipients of this funding are six groups from the Lehigh Valley region, who have been approved to receive nearly $2 million to support their housing initiatives.
In Lehigh County, the Valley Housing Development Corporation has been allocated $400,000 for their project titled “Gordon Street Revamp.” This project aims to undertake extensive exterior and interior renovations of a 20-unit multifamily rental facility that has been providing a permanent home to individuals with serious mental health conditions for over three decades. The rehabilitation efforts will include the installation of a fire sprinkler system and the replacement of windows, doors, roof, siding, and lighting with modern, energy-efficient materials. Additionally, the units will receive upgraded kitchens, bathrooms, flooring, and fresh paint, enhancing the overall living conditions for the residents.
Another recipient in Lehigh County is Community Options, Inc., which has been granted an allocation of $80,000. Their project, titled “Affordable Housing Preservation for Pennsylvanians with Disabilities,” focuses on the rehabilitation and preservation of supportive and affordable housing for individuals with disabilities residing in Lycoming and Lehigh Counties. This initiative aims to ensure that individuals with disabilities have access to safe, secure, and affordable housing options that meet their specific needs.
The Community Action Committee of the Lehigh Valley, Inc. has received an allocation of $40,000 for their project called the “Housing Counseling Program: First-Time Homebuyer Seminars.” This program aims to provide comprehensive housing counseling and educational services to individuals and families in low-income communities, with a particular focus on first-time homebuyers. Through seminars conducted in both English and Spanish, participants will receive valuable information and guidance from industry experts, including representatives from local lending institutions, Realtors, home inspection agencies, insurance agencies, and settlement companies. By equipping potential homebuyers with the necessary knowledge and resources, this program aims to empower individuals to make informed decisions and successfully navigate the homebuying process.
In Northampton County, Evergreen Village Cooperative, Inc. is a recipient of PHARE funding, although specific details about their project were not provided in the available information.
These grant awards in Lehigh Valley reflect the commitment of the PHFA and the PHARE program to address the critical housing needs within the community. By providing financial support to these organizations and initiatives, the aim is to improve the availability and quality of housing options, strengthen communities, and enhance the overall well-being of residents in the region.
