Today we learned that we are, once again, amongst the cohort of PA housing practitioners to have projects funded by the Pennsylvania Housing Affordability Rehabilitation Enhancement (PHARE) fund, administered by the Pennsylvania Housing Finance Agency (PHFA) for 2020. We will use our funds to include energy efficient upgrades in our next round of acquisition and rehab projects. In a time when home matters more than ever, we feel honored to be able to continue creating permanently affordable homeownership opportunities for our community. Other local organizations to receive 2020 PHARE funding are Housing Transitions, Habitat for Humanity of Greater Centre County, the Philipsburg Revitalization Corporation (We Love Philipsburg) and Centre County Government Congrats to all!
Why Shared Equity, Why Now?
As housing moratoriums expire, eviction notices and foreclosure proceedings are underway, disproportionally impacting the already-vulnerable renters and homeowners of color most at risk. Grounded Solutions Network CEO Tony Pickett and Board of Directors Chair Robert Burns of Citi share how quality housing with Lasting Affordability addresses the social determinants of health within the communities of color most affected by structural health and housing disparities – with Shelter-in-Place policies taking on life-saving significance – and presenting shared equity housing as a scalable, sustainable solution. Thank you Shelterforce!