Thirty-two developments have received $28.5 million in low-income housing tax credits and $11.8 million in funding from the Pennsylvania Housing Finance Agency (PHFA).
When completed, the developments will provide 1,579 housing units.
“The competition was intense for this affordable housing funding, and we were pleased with the high quality of the 96 proposals we received this year,” said Brian A. Hudson Sr., PHFA executive director and CEO, in a statement.
Goodwill Industries of Northeast Pennsylvania received the single-largest award of nearly $1.5 million to convert a shuttered school into a 58-unit housing development in Scranton.
For more information, visit www.phfa.org.
