Pennsylvania Housing Finance Agency (PHFA)

Pennsylvania Housing Finance Agency (PHFA) PHFA is the Commonwealth of PA's leading provider of capital for affordable homes and apartments. Created to help enhance the quality and supply of affordable homes and apartments for older adults, persons of modest means, and persons with disabilities.

The Pennsylvania Housing Finance Agency offers home purchase loans with competitive interest rates and lower fees that carry a fixed interest rate for 30 years. PHFA has assisted families and individuals achieve the American dream of homeownership by providing funding. Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state. In addition to its major programs, the Agency conducts housing studies, promotes counseling and education for renters and homebuyers, encourages supportive services at apartments it has financed, administers rent subsidy contracts for the federal government, and acts as an advocate to promote the benefits of decent, affordable shelter for those who need it most. PHFA programs and operations are funded primarily by the sale of securities, not by public tax dollars. PHFA is governed by a 14-member board.

Operating as usual

PHFA accomplishes its mission in large part due to our business partners, including those owned by women and people of c...
05/07/2021

PHFA accomplishes its mission in large part due to our business partners, including those owned by women and people of color. We couldn’t ask for a better partner than Real Estate Strategies Inc., a woman-owned, full-service real estate advisory-services firm based in Philadelphia. Since 1991, RES has specialized in market analysis for real estate, fiscal-and-economic-impact analysis, and economic-development strategic planning. The expertise found at RES is second-to-none, and we are proud they’re one of our most valued partners.

PHFA accomplishes its mission in large part due to our business partners, including those owned by women and people of color. We couldn’t ask for a better partner than Real Estate Strategies Inc., a woman-owned, full-service real estate advisory-services firm based in Philadelphia. Since 1991, RES has specialized in market analysis for real estate, fiscal-and-economic-impact analysis, and economic-development strategic planning. The expertise found at RES is second-to-none, and we are proud they’re one of our most valued partners.

Today we honored our top lending partners for 2020 during our Lenders Awards, These lenders provide a great service to P...
05/06/2021
Press Releases | PHFA Housing News

Today we honored our top lending partners for 2020 during our Lenders Awards, These lenders provide a great service to Pennsylvania homebuyers by working with them through the application, processing, and closing of affordable PHFA home loans. Learn more at the link below.

PHFA news for press releases

The #AffordableHousing crisis continues to be a problem as construction costs increase. One solution that could dramatic...
05/05/2021
Can Factory-Built Homes Help Solve The Housing Crisis?

The #AffordableHousing crisis continues to be a problem as construction costs increase. One solution that could dramatically reduce the cost and time to build new housing - factory-built apartments. @CNBC recently examined this new approach. Watch 👇.

The affordable housing crisis in the United States continues to be a problem and it’s only getting worse. And in places like San Francisco, where constructio...

In Philadelphia, homeownership rates among single women have outperformed rates among single men during the last 15 year...
05/05/2021
More single women are jumping into home ownership

In Philadelphia, homeownership rates among single women have outperformed rates among single men during the last 15 years, according to Zillow.

In Philadelphia, home ownership rates among single women have outperformed rates among single men during the last 15 years. In the metro area, single women own roughly 73,000 more homes.

A consortium of Black Philadelphia developers is teaming up with a Wall Street emerging-markets veteran to raise investm...
05/04/2021
Black real estate developers face barriers to growth. A $100M fund targeting Philly aims to assist them.

A consortium of Black Philadelphia developers is teaming up with a Wall Street emerging-markets veteran to raise investment dollars for real estate projects. It’s a strategy meant to address the wealth and opportunity gap among the city’s developers.

The collaboration is a response to the challenges faced by Black developers in raising the capital needed to accelerate the growth of their businesses.

We understand the pandemic has been tough on everyone. To help, we’ve made our FREE housing and financial education coun...
05/04/2021

We understand the pandemic has been tough on everyone. To help, we’ve made our FREE housing and financial education counseling available remotely. Learn more: https://www.phfa.org/counseling/hce.aspx

We understand the pandemic has been tough on everyone. To help, we’ve made our FREE housing and financial education counseling available remotely. Learn more: https://www.phfa.org/counseling/hce.aspx

Timeline Photos
05/04/2021

Timeline Photos

𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐑𝐞𝐚𝐥𝐭𝐨𝐫𝐬®: Assistance is available to eligible homeowners who need to repair or replace their septic or sewer systems. Check out the Pennsylvania Housing Finance Agency (PHFA)'s low-cost loan called PENNVEST Homeowner Septic Program.

📝 Register for a free webinar: https://parealt.rs/2QrBRXs
ℹ️ Learn more about this program: https://parealt.rs/3tO3vfN

SAVE THE DATE! PHFA's 2021 Multifamily Affordable Housing Conference is set for July 21-22 and will be held virtually. T...
05/03/2021

SAVE THE DATE! PHFA's 2021 Multifamily Affordable Housing Conference is set for July 21-22 and will be held virtually. This new format offers a unique educational opportunity, four keynotes and 35 breakout sessions. Registration opens in mid-May. #PAMAHC

SAVE THE DATE! PHFA's 2021 Multifamily Affordable Housing Conference is set for July 21-22 and will be held virtually. This new format offers a unique educational opportunity, four keynotes and 35 breakout sessions. Registration opens in mid-May. #PAMAHC

Join us at 11 a.m. Thursday for our annual Lender Awards, where we recognize our top 10 participating lenders, top loan ...
05/03/2021

Join us at 11 a.m. Thursday for our annual Lender Awards, where we recognize our top 10 participating lenders, top loan originators and top Realtors for 2020. This year’s event will be virtual, but (free!) registration is required. Register at https://www.eventbrite.com/e/phfa-virtual-lender-awards-ceremony-2021-tickets-150766437473.

Join us at 11 a.m. Thursday for our annual Lender Awards, where we recognize our top 10 participating lenders, top loan originators and top Realtors for 2020. This year’s event will be virtual, but (free!) registration is required. Register at https://www.eventbrite.com/e/phfa-virtual-lender-awards-ceremony-2021-tickets-150766437473.

For Military Appreciation Month, PHFA has teamed up with the PA Military Finance Alliance to hold 2 financial education ...
05/02/2021

For Military Appreciation Month, PHFA has teamed up with the PA Military Finance Alliance to hold 2 financial education seminars next week. Learn more at the links below.

🔴 Getting Your Financial House in Order, May 11: https://www.eventbrite.com/e/msof-getting-your-financial-house-in-order-tickets-152572413195

🔵 Investing 201, May 12 https://www.eventbrite.com/e/msof-investing-201-tickets-152572694035

For Military Appreciation Month, PHFA has teamed up with the PA Military Finance Alliance to hold 2 financial education seminars next week. Learn more at the links below.

🔴 Getting Your Financial House in Order, May 11: https://www.eventbrite.com/e/msof-getting-your-financial-house-in-order-tickets-152572413195

🔵 Investing 201, May 12 https://www.eventbrite.com/e/msof-investing-201-tickets-152572694035

There’s this assumption that having low-income housing in neighborhoods has a corrosive effect on property values, but t...
04/30/2021
Affordable housing may not depress neighboring values | Yield PRO

There’s this assumption that having low-income housing in neighborhoods has a corrosive effect on property values, but there are some new reports that show it isn’t necessarily so.

The assumption that having low-income housing in your neighborhood has a corrosive effect on your property values is not necessarily so.

A Robert Wood Johnson Foundation grant will provide funding to a team of Penn State faculty as they evaluate the effect ...
04/29/2021
Grant provides funds to study Pittsburgh housing program's impact | Penn State University

A Robert Wood Johnson Foundation grant will provide funding to a team of Penn State faculty as they evaluate the effect of an innovative housing program on neighborhood racial and economic equity in Pittsburgh.

A Robert Wood Johnson Foundation grant will provide funding to a team of Penn State faculty as they evaluate the effect of an innovative housing program on neighborhood racial and economic equity in Pittsburgh.

Credit. It's other people's money! Join our FREE webinar today and learn how to get, use, and manage credit responsibly ...
04/29/2021

Credit. It's other people's money! Join our FREE webinar today and learn how to get, use, and manage credit responsibly and improve your financial picture. Learn more: https://pahousing.webex.com/pahousing/onstage/g.php?PRID=b70edaf93f7156d03c7ea9055003289f.

Credit. It's other people's money! Join our FREE webinar today and learn how to get, use, and manage credit responsibly and improve your financial picture. Learn more: https://pahousing.webex.com/pahousing/onstage/g.php?PRID=b70edaf93f7156d03c7ea9055003289f.

Pennsylvania will receive $24.1 million in national Housing Trust Fund dollars this year, which PHFA will allocate fundi...
04/28/2021
Press Releases | PHFA Housing News

Pennsylvania will receive $24.1 million in national Housing Trust Fund dollars this year, which PHFA will allocate funding from to financially assist some Low Income Housing Tax Credit projects that have previously received tax credits so they can move forward.

PHFA news for press releases

Pittsburg’s plan to systemically deconstruct condemned structures instead of knocking them down will allow crews to resp...
04/28/2021
Forget the wrecking ball — Pittsburgh officials will test out deconstruction | WITF

Pittsburg’s plan to systemically deconstruct condemned structures instead of knocking them down will allow crews to respect the craftsmanship, keep substances like lead and asbestos out of the environment, and – most importantly – create new jobs.

Deconstruction can be a costlier and more time-consuming process than swinging a wrecking ball, but Mayor Bill Peduto said that the long-term benefits make it a win.

While the amount that could be available for first-time buyers is as high as $25,000 in this proposal, the Down Payment ...
04/27/2021
Potential first-time home buyer program seeks to create equity in housing

While the amount that could be available for first-time buyers is as high as $25,000 in this proposal, the Down Payment Toward Equity Act of 2021 program is directed at creating equity in the housing market.

TOWN SQUARE | Under the draft legislation, eligible home buyers must be the first generation in their family to own a home.

Protect your financial potential. Join our webinar today and learn about building an emergency fund, managing risk and h...
04/27/2021

Protect your financial potential. Join our webinar today and learn about building an emergency fund, managing risk and having the right insurance. Learn more: https://pahousing.webex.com/pahousing/onstage/g.php?PRID=b70edaf93f7156d03c7ea9055003289f.

Protect your financial potential. Join our webinar today and learn about building an emergency fund, managing risk and having the right insurance. Learn more: https://pahousing.webex.com/pahousing/onstage/g.php?PRID=b70edaf93f7156d03c7ea9055003289f.

We are proud to provide funding to assist WinnCompanies to acquire Carl Mackley Houses, the nation’s first federally fun...
04/26/2021

We are proud to provide funding to assist WinnCompanies to acquire Carl Mackley Houses, the nation’s first federally funded housing complex, and completely renovate the historic 184-unit #AffordableHousing community in Philadelphia.

WinnCompanies announced today the acquisition of Philadelphia’s Historic Carl Mackley Houses. Built in the Great Depression, Carl Mackley Houses is the nation’s first federally funded housing complex. WinnDevelopment has started a $23.7 million project to completely renovate the historic 184-unit affordable housing community in northeast Philadelphia.

This week we conclude our series of FREE webinars for Financial Capability Month. Tuesday, learn about building an emerg...
04/25/2021

This week we conclude our series of FREE webinars for Financial Capability Month. Tuesday, learn about building an emergency fund and managing risk. On Thursday, learn how to get, use, and manage credit responsibly. Registration is required. Learn more: https://pahousing.webex.com/pahousing/onstage/g.php?PRID=b70edaf93f7156d03c7ea9055003289f

This week we conclude our series of FREE webinars for Financial Capability Month. Tuesday, learn about building an emergency fund and managing risk. On Thursday, learn how to get, use, and manage credit responsibly. Registration is required. Learn more: https://pahousing.webex.com/pahousing/onstage/g.php?PRID=b70edaf93f7156d03c7ea9055003289f

PHFA-provided Low Income Housing Tax Credits have helped fund the construction of this much-needed #AffordableHousing de...
04/23/2021

PHFA-provided Low Income Housing Tax Credits have helped fund the construction of this much-needed #AffordableHousing development in Philadelphia. #LIHTC

Congratulations to Philadelphia Housing Authority, Hunt Companies and the Pennrose team on the groundbreaking of Sharswood I! Part of the comprehensive Sharswood Transformation Plan, Phase I will feature a four-story apartment building with 51 energy-efficient units of #AffordableHousing and nine townhomes.

We’re excited to begin construction on a project that will truly transform the Sharswood community and improve the lives of residents (and our neighbors!) for years to come. https://bit.ly/3ndGMXZ

Pennsylvania’s Emergency Rental Assistance Program, which provides assistance to renters and landlords affected by the p...
04/23/2021

Pennsylvania’s Emergency Rental Assistance Program, which provides assistance to renters and landlords affected by the pandemic and economic insecurity, is now accepting applications for eligible residents via @PAHumanServices. Learn more and apply at https://www.dhs.pa.gov/coronavirus/Pages/Emergency-Rental-Assistance-Program.aspx.

Pennsylvania’s Emergency Rental Assistance Program, which provides assistance to renters and landlords affected by the pandemic and economic insecurity, is now accepting applications for eligible residents via @PAHumanServices. Learn more and apply at https://www.dhs.pa.gov/coronavirus/Pages/Emergency-Rental-Assistance-Program.aspx.

We are proud to support Philadelphia's Solar Savings Grant Program. This program allows residents in low-income communit...
04/22/2021
50 LOW AND MODERATE INCOME HOUSEHOLDS FROM 26 PHILLY ZIP CODES GO SOLAR THROUGH NEW SOLAR SAVINGS GRANT PROGRAM

We are proud to support Philadelphia's Solar Savings Grant Program. This program allows residents in low-income communities and communities of color to benefit from energy bill savings and also the jobs created from solar installation.

Philadelphia, PA – The Philadelphia Energy Authority (PEA) joined with City leadership today to announce the outcomes of City’s first program to provide rooftop solar installations for low- and moderate-income homeowners, in celebration of …

PHFA is successful achieving its housing mission thanks to the support we receive from all our business partners, includ...
04/22/2021

PHFA is successful achieving its housing mission thanks to the support we receive from all our business partners, including businesses run by women and people of color. A good example is Morgan Construction Management, a certified disadvantaged minority- and woman-owned small business that provides construction project management and general construction services. You can learn more about them at http://www.morgancml.com/

PHFA is successful achieving its housing mission thanks to the support we receive from all our business partners, including businesses run by women and people of color. A good example is Morgan Construction Management, a certified disadvantaged minority- and woman-owned small business that provides construction project management and general construction services. You can learn more about them at http://www.morgancml.com/

At PHFA, we’re proud to work toward a more sustainable future by encouraging and incentivizing developers to incorporate...
04/22/2021

At PHFA, we’re proud to work toward a more sustainable future by encouraging and incentivizing developers to incorporate #energyefficient technologies and building practices into new #AffordableHousing communities. Happy #EarthDay!

At PHFA, we’re proud to work toward a more sustainable future by encouraging and incentivizing developers to incorporate #energyefficient technologies and building practices into new #AffordableHousing communities. Happy #EarthDay!

Take the next step and get your money working for you! Learn about stocks, bonds and mutual funds, their risks and their...
04/22/2021

Take the next step and get your money working for you! Learn about stocks, bonds and mutual funds, their risks and their rewards. Join our FREE webinar today and learn more: https://pahousing.webex.com/pahousing/onstage/g.php?PRID=b70edaf93f7156d03c7ea9055003289f.

Take the next step and get your money working for you! Learn about stocks, bonds and mutual funds, their risks and their rewards. Join our FREE webinar today and learn more: https://pahousing.webex.com/pahousing/onstage/g.php?PRID=b70edaf93f7156d03c7ea9055003289f.

Governor Tom Wolf has announced more than $13 million in funding will help assist families and individuals experiencing ...
04/21/2021
Gov. Wolf Awards More Than $13 Million for Homelessness Assistance and Prevention

Governor Tom Wolf has announced more than $13 million in funding will help assist families and individuals experiencing homelessness and to prevent future homelessness across Pennsylvania.

Gov. Wolf announced more than $13 million in funding awards to assist in mitigating the impacts of COVID-19 on families and individuals experiencing homelessness and to prevent future homelessness across the commonwealth.

April is Fair Housing Month and PHFA has resources available to learn what fair housing means, how you are protected and...
04/21/2021

April is Fair Housing Month and PHFA has resources available to learn what fair housing means, how you are protected and what to do if you believe you have been discriminated against.
Learn more: https://www.phfa.org/about/nondiscrimination.aspx

April is Fair Housing Month and PHFA has resources available to learn what fair housing means, how you are protected and what to do if you believe you have been discriminated against.
Learn more: https://www.phfa.org/about/nondiscrimination.aspx

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General information

PHFA's social media privacy policy can be found at http://www.phfa.org/about/privacy.aspx.

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

(855) 827-3466

Alerts

Be the first to know and let us send you an email when Pennsylvania Housing Finance Agency (PHFA) posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Videos

Helping homebuyers since 1982

Through competitive interest rates, mortgage assistance programs and lower fees, the Pennsylvania Housing Finance Agency has assisted more than 170,000 Pennsylvania families and individuals achieve the American dream of homeownership.

Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state. In addition to its major programs, the Agency conducts housing studies, promotes counseling and education for renters and homebuyers, encourages supportive services at apartments it has financed, administers rent subsidy contracts for the federal government, and acts as an advocate to promote the benefits of decent, affordable shelter for those who need it most.

Nearby government services

Comments

PHFA has the worst customer service I have ever come across.
Less than impressed with PHFA and their lack of response to multiple attempts to reach them about a serious matter.
#Chahlie shares an Empowering Story... I am 1 of the Millions who finally was able to get off of Food Stamps and Back to Work, during the presidency of former President Donald J. Trump, where I always wanted to be. After decades of underemployment and or unemployment I was only days away from becoming another Honorably Discharged Homeless Veteran. 😞 My plan if I became homeless was to end my life on my porch the morning the Sheriff came to remove me from my home... BUT... on April 5, 2018, at 5 p.m. an opportunity came for me to possibly not face the fate I had planned for the morning of April 9, 2018 at 9 a.m. I entered into the doors of an agency that at the time I had no idea would transform my life forever. On that very day, I found hope, on that day I found a reason to press on, I found a reason to possibly change my plans for Monday, April 9, 2018, at 9 a.m. I could go on and some who read this may be wanting me to, I'll save the filling of my story for a future reveal. Instead, I'll just leave you with this... On April 9, 2018, the day I planned to depart our wonderful world and the amazing country I was born into, the day that I would become a memory for my beautiful and amazing daughter had I carried out my plan for that morning. On that day GOD absolutely 100% Proved the existence of GOD in my life and GOD's Plan for my life. On that very day instead of losing my home, I began working at the very agency I had gone to for assistance on the evening of April 5, 2018. I began as a Data Entry Trainee never having worked in front of a computer in my life of 55 years up until then. As I said I'm not going to give all of the fillers of the story yet. From the morning of April 9, 2018, my career path to victory is as follows, Data Entry Trainee, Administrative Assistant, Housing Counselor, HUD Certified Housing Counselor, Acting Director and on November 17, 2019, appointed as Executive Director of the very agency that 591 days before I had walked into for assistance. For ALL of my life I had Jobs, On April 9, 2018, unbeknownst to me at the time, GOD took me from the world of jobs and placed me on a Mission Field where I am honored to serve and intend on continuing to serve until I draw my last breath. Oh, and I am still the owner of the very home that was planned for me to be removed from. GOD Is Real and Very Much Alive through your Faith. Signed: Charles J Stecker Jr. P.S. A Special Shout Out of Deserved Recognition and Abundant Appreciation to Lori Lehman Toia for her amazing assistance and guidance in my new role.
I have a rent relief program question. Where can I ask my question to get an answer?
Hi, we are in the process of applying. We don't have a current lease we are verbal month to month. How do we give a copy of this? My daughter is home bc of covid but goes to Pitt Greensburg so is our family 4 or 5? (Do we include her?) My other daughter works part time do we include her income? She is 18.
I did what you said and contacted PFHA and they have no personalized options at all like you keep telling me would be available, based on my situation. Is PFHA putting together a deferment plan?
Is PHFA planning on offering anything different to borrowers that was not available before the COVID19 crisis?
What does PHFA's loss mitigated plan entail? Where can stake holders get a copy to read and understand what may happen in the future?
Will any mortgage holders through PHFA have the option to postpone payments and add these payments to the end of their loan?