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Saturday, September 21, 2024

Nearly $3 million awarded in PHARE funding for Pennsylvania's 23rd Senate District

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State Senator Eugene Yaw | Pennsylvania

State Senator Eugene Yaw | Pennsylvania

State Sen. Gene Yaw (R-23) today commended the Pennsylvania Housing Finance Agency (PHFA) Board of Directors for approving the release of $2,850,000 in Pennsylvania Housing Affordability and Rehabilitation Enhancement (PHARE) funding that will be distributed across Bradford, Lycoming, Sullivan, Tioga, and Union counties.

“PHARE is a crucial part of our overall effort to improve our economy and provide affordable housing to our region’s residents,” Yaw said. “This funding is a substantial investment across the 23rd Senate District and will certainly provide help to those who need it most. It is important to acknowledge these dollars are made available, in large part, due to our natural gas industry.”

The PHFA works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs. PHFA programs and operations are funded primarily by the sale of securities and from fees paid by program users, not by public tax dollars. The agency is governed by a 14-member board.

For more state-related news and information, constituents can visit Senator Yaw’s website at www.SenatorGeneYaw.com or follow him on Facebook and Twitter @SenatorGeneYaw.

CONTACT:

Elizabeth Weitzel

717-787-3280

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